Quantitave Analysis for management, Business Management

Assignment Help:
Bakery produces muffins and doughnuts. Let x1 be the number of doughnuts produced and x2 be the number of muffins produced.

The profit function for the bakery is expressed by the following equation: profit = 4x1 + 2x2 + 0.3x12 + 0.4x22.

The bakery has the capacity to produce 800 units of muffins and doughnuts combined and it takes 30 minutes to produce 100 muffins and 20 minutes to produce 100 doughnuts. There is a total of 4 hours available for baking time. There must be at least 200 units of muffins and at least 200 units of doughnuts produced. Formulate a nonlinear program representing the profit maximization problem for the bakery.

Related Discussions:- Quantitave Analysis for management

Business reporting and analysis, You are required to prepare a report for a...

You are required to prepare a report for a potential investor setting out the financial strengths and weaknesses of David Jones Ltd, after: 1. Interpreting and analysing

Discuss four strategies which can be adopted by businesses, QUESTION 1 ...

QUESTION 1 (a) Businesses are increasingly exposed to scrutiny and criticisms. Discuss four strategies which can be adopted by businesses to respond to these criticisms (b)

International business of ernst & young, International Business of Ernst & ...

International Business of Ernst & Young Ernst & Young is one of the largest global leaders in the professional service provider. As per the changing demand of the customers,

Explain the various characteristics of mis, Question 1 Earlier payr...

Question 1 Earlier payroll systems used the systems which were more than process time sheets, print payroll checks and keep total so f annual wages and deductions. Present

Demonstrates the skill at different levels of management, Demonstrates the ...

Demonstrates the skill at different levels of management? Require for a skill at various levels of Management is demonstrated below into the diagram as demonstrated below:

Objectives of preventive maintenance, a. To minimize the possibility of ...

a. To minimize the possibility of unanticipated production interruptions by locating or uncovering any condition which may lead to it? b. To make plant equipment and m

Describe the elements of execution of advertising in brief, Question 1 Dis...

Question 1 Discuss the Visualisation strategy in advertising and the components of Visualisation strategy Question 2 Describe the elements of execution of advertising in brie

.integration of technology, Ask question locate and describe three technolo...

Ask question locate and describe three technological components that are required for data driven decision making. explain hoe each component is relevant to business analytics. des

55 % of communication is depending on non-verbal signals., According to the...

According to the study, 55% of communication is depending on non-verbal signals. This suggests that the body language is critical to good communication skills. This is possibly

Concept of procedural rationality, (a) Based on the concept of ‘procedural ...

(a) Based on the concept of ‘procedural rationality' discuss how various types of Business Intelligence techniques may improve specific aspects of the organisational decision makin

Write Your Message!

Captcha
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