Already have an account? Get multiple benefits of using own account!
Login in your account..!
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A car dealership is specialized in selling Electrical Vehicles (EVs) and Hybrid Vehicles (HV). The demand for each vehicle type is sensitive to its price as well as to the price of the other type. In other words, there is an interaction between the EV and HV markets. An expert introduced the following demand curves: EV demand = 300 – 0.014(EV price) + 0.003 (HV price) HV demand = 325 – 0.018 (HV price) + 0.005 (EV price) The dealership’s unit costs are $17000 and $14000 per EV and HV respectively. Each HV requires 2 hours of labor for preparing the car and each EV requires 3 hours of preparation labor. The current staff can supply 320 hours of labor. 1. Develop a mathematical model to maximize the dealership’s total profit. Clearly define your decision variables, constraints and objective function 2. Implement your model in Excel and use Solver to find the optimal prices and optimal profits. Include a snapshot of your Excel answer 3. What sales levels will result from the prices in part (2) (you can ignore fractional values)
What are some situations in which management or the union would prefer centralized bargaining? In what situation might both prefer centralized bargaining? Discussion should ta
An investment group is considering a potential investment in Kudzu Energy (KE). The group has engaged YOU to provide a preliminary assessment of the business management practi
Describe the cognitive and non-cognitive abilities relating to Emotional Intelligence. Provide an example of how you might use EQ in your daily life. Respond to at least two
You are being contracted to design and build a theme park for a leading entertainment franchise. The following is a list of needs for the theme park, supplied by the customer:
What are the sensitivity ranges for the objective function coefficients? Determine the shadow prices for additional hours of production time on line 1 and line 2 and indicate
Heather Adams, production manager for a Colorado exercise equipment, needs to schedule an order for 50 UltimatSteppers, which are to be shipped in week 8. Subscripts indicate
Credit rating agencies are supposed to be an independent organization that gives the investor an idea about how credit-worthy the company is. In many ways, they are like compa
Create a marketing plan for the Company Cochlear LTD that explains how they will market and promote their existing products in a new country. I will be doing the project in a
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