Formulate also solve an appropriate optimization model

Assignment Help Operation Management
Reference no: EM1375795

Q. 1. A soda producer makes also sells two products, Classic Cola also Diet Cola. If this organization spends X1 dollars on promotion of Classic Cola in a particular western city, it can sell 75 X1 0.5 12-packs of Classic Cola each week there. Moreover, if this organization spends X2 dollars on promotion of Diet Cola in a particular western city, it can sell 50X2 0.5 12-packs of Diet Cola each week there. Each 12-pack of Classic Cola sells for $3.00 also prices $0.80 to produce also ship to customers in this western city. Each 12-pack of Diet Cola sells for $3.50 also prices $1.00 to produce also ship to customers in this western city. A total of $10,000 is available for promotion each week in this city. The soda producer seeks to maximize its weekly profit. Formulate also solve an appropriate optimization model to help this soda producer identify the best promotional strategies for its two products.

Reference no: EM1375795

Questions Cloud

Explain how much will this price the co- op per year : Explain how much will this price the Co- op per yr. Under illustrate what conditions would you agree to the supplier's proposal.
Is the process still in control : Midwest Nut Organization produces cans of mixed-nuts on a high volume assembly line. Using data of last two months, it established average also range control charts to monitor the can-weight. Is the process still in control.
Illustrate the ranges on the demand curve : With respect to price elasticity of demand, create a graph using the information in figure 1. Illustrate the ranges on demand curve that indicate elastic, inelastic, and unitary elasticity.
Illustrate what are the spi also cpi : The foreman estimates which the value of the work actually finished is about $162, 000. Illustrate what are the spending also schedule variances for the project. Illustrate what are the SPI also CPI.
Formulate also solve an appropriate optimization model : A total of $10,000 is available for promotion each week in this city. The soda producer seeks to maximize its weekly profit. Formulate also solve an appropriate optimization model to help this soda producer identify the best promotional strategies..
Illustrate what would be the average length of waiting line : Illustrate what would be the average length of the waiting line. Illustrate what would be the average time which a vehicle must wait to get through the system.
Formulate this problem as a tsp problem also then solve it : Formulate this problem as a TSP problem also then solve it using the branch also bound approach for TSP to Find out an optimal drilling order.
Ramifications of private money : Assume that a new law stated that any person could print their own money. Determine what kind of changes would come about in daily commercial transactions as a result of such a law?
Evaluating economic relations : Let us assume that an economy in which there is no widely agreed upon form of money. In other words, suppose we are dealing with a barter economy.

Reviews

Write a Review

 

Operation Management Questions & Answers

  Selecting the topic for research proposal

Explain the process of generating and selecting topics for your research proposal. What is the difference between the research paper, research proposal, and term paper?

  Illustrate what type of functional and perceptual benefits

There is no word limit or count. Illustrate what type of functional and perceptual benefits do labelling and packaging give to consume.

  Explain how are liker casual-intervening

Explain how are Liker's casual, intervening and end result variables useful in discussing and thinking about effectiveness.

  Explain how many slots should wzmu sell in advance

Now suppose that if a slot is not sold in advance and is not sold at last minute, it may be used for a promotional message worth $2500. Now explain how many slots should WZMU sell in advance.

  Describe price-break inventory model

Assume that annual demand for a part is 40,000 units, ordering cost. Using a price-break inventory model which of subsequent is optimal order quantity.

  Elucidate what is the theoretical minimum for the smallest

Elucidate what is the theoretical minimum for the smallest number of workstations which Helms can achieve in this assembly line.

  Illustrate what kind of information should go onto pamphlet

His office does not have a pamphlet to give to patients. Illustrate what kind of information should go onto the pamphlet when he assigns it to one of the MA's in the office.

  Explain how well did these techniques work short term

From your own experiences, illustrate what process improvement or (re)engineering techniques have you observed. Explain how well did these techniques work short term and long term for the enterprise.

  Us government regulates product safety

Analyze the ways in which the U.S. government regulates product safety and make at least one recommendation for how the regulatory approach of one of the agencies discussed

  Question on value of operations

Leak Inc. forecasts the free cash flows (in millions) shown below. Assume that the ROIC is expected to remain constant in Year 2 and beyond (and do not make any half-year adjustments).

  Draw charts and plot values of the sample means and ranges

Twelve samples, each containing 5 parts, were taken from a process that produces steel rods. The length of each rod in the samples was decided. Draw the charts and plot the values of the sample means and ranges.

  Determine average value of a loyal customer

manufacture of business copier workstations has a 75 percent customer retention rate. ir accounting department approximates incremental contribution to profit and overhead as 40 percent. Determine average value of a loyal customer.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd