quantshw1 - A. x+y=total product B. Kansas City $0.20...

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A. Max 10x+5y 5x+2y lessthan/equal to 40 x greater than/equal to 0 y greater than/equal to 0 B. Uncontrollable inputs $5 profit per unit $10 profit per unit 2 labor hours 5 labor hours 40 labor week Controllable inputs production quantity (x,y) C. Uncontrollable inputs $5 profit per unit 2 labor hours per unit 40 labor hour per week Controllable mathematical model Output Production quantity 5(2) Profit  10 2(2) less/equal 40 time used 4 2(2) greater/equal 40 D. x hrs y hrs for y profit 0 0 20 40 100 1 5 17.5 35 97.5 2 10 15 30 95 3 15 12.5 25 92.5 4 20 10 20 90 5 25 7.5 15 87.5 6 30 5 10 85 E. This model was deterministic because all of the unknown inputs were constant and not subject to change
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Unformatted text preview: A. x+y=total product B. Kansas City $0.20 Minneapolis $0.25 minimize C=.2x+.25y C. x+y=5000 units D. E. Min. C=.2x+.25y s.t. x+y=5000 units x 4000 y 3000 x 0 x 4000 y 0 y 3000 d=annual demand for a product in units p=price per unit d=800-10p p has to be between $20 and $70 A. $20 per unit 600 $70 per unit 100 B. TR=dp C. $30 $15,000 $40 $16,000 $50 $15,000 D. Recommended price = $40 Revenue $16,000 Demand 400 units...
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This note was uploaded on 08/28/2010 for the course ACCT ac101 taught by Professor Carlson during the Fall '10 term at Western New England University.

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quantshw1 - A. x+y=total product B. Kansas City $0.20...

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