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Explain Operations Research: Linear Optimization
Problem- Applichem wants to allocate the capacity of its worldwide manufacturing plants to fulfill its customer demand. Applichem makes a product, R, which is used by plastic molding companies around the world. R sells for $1/lb. Its plants are located in Gary, Indiana, Windsor, Ontario, Frankfurt, Germany, Mexico City, Caracus, Venezula, and Osaka, Japan. Its current strategy is to make and ship R as shown in the table below (x 100,000 lbs)
I need help to explore how to solve LPP problems using excel.
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How would you judge the potential profit of Bajaj Electronics on the first year of sales to Booth Plastics and give your views to increase the profit and suggestion regarding Credit limit. Should it be approved or not, what should be the amount of..
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