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A small computer manufacturing company produces laptop and desktop computers. The production of a laptop computer requires 4 hours of assembly and 1 hour of testing time. The production of a desktop computer requires 4 hours of assembly and 1.5 hours of testing time. The rofit margin for a laptop computer is $400, and the profit margin for a desktop computer is $500. There are a total of 5,000 hours of assembly time available every week. The company has decided to produce at least twice as many laptops computers as desktop computers.
a) Assuming unlimited demand for both laptop and esktop computers, formulate a linear programming problem.
b) Solve the problem using the graphical method.
c) Solve the problem using Microsoft Excel Solver.
Hibbett Sports offers a reward card that gives customers coupons and incentives for store purchases that they can redeem for additional merchandise. This is an example of____
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The buyer (B) has a willingness-to-pay of $200 for the first firm (F1)'s product, and a willingness-to-pay of $250 for the second firm(F2)'s products. What is the total added-value created by the players?
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