User Account

All Pages

Formulate a lp model to help shop maximize profit

Assignment Help Business Management
Reference no: EM131209820

A leather shop makes custom-designed hand tooled briefcases and luggage. The shop Make $400 profit from each briefcase and $200 profit for each luggage. The shop has a contract to provide up to a total of 30 products to a store per month. A tannery supplies the shop with at leas 80 square meters of leather per month. The shop must purchase at least this amount but can order more. Each briefcase requires 2 square metres of leather, each luggage requires 8 square meters of leather. From past performance, the shop owners know they cannot make more than 20 briefcases per month.

Formulate a LP model to help shop maximize profit.

Reference no: EM131209820

Questions Cloud

Develop key success factors budget and forecasted financials : Develop key success factors, budget, and forecasted financials, including a break-even chart. Create a risk management plan including contingency plans for the identified risks.
What are sports teams doing to cause persistent shortages : According to Porter and Thomas, what are sports teams doing to cause persistent shortages? How can these shortages be rational, profit-maximizing pricing strategies? You will need around 100 words to thoroughly answer this question.
How vietnam resolves inflation by adapting correct policy : how Vietnam resolves inflation by adapting the correct policy - ?300 words only. 1-2 sources.
How would use address this troublesome trend : The focus of the research paper is Data Leakage. How does data leakage occur in an organization? What are the common causes of this problem? How would use address this troublesome trend?
Formulate a lp model to help shop maximize profit : The shop must purchase at least this amount but can order more. Each briefcase requires 2 square metres of leather, each luggage requires 8 square meters of leather. From past performance, the shop owners know they cannot make more than 20 briefc..
Explain the key position to lead your team : Explain how you will recruit (both internally and externally) the members of your team. Identify the key position to lead your team. Then, create the job posting for the position including salary range.
Financial decisions based on the position : Consumers and businesses make financial decisions based on the position of their balance sheet (actual or implicit). An over-inflated asset side of the balance sheet can result in the taking on of an excessive level of debt. When the bubble bursts..
Discuss salient manner in which you will leverage lessons : Summarize this course in just one (1) sentence or two (2) so that someone thinking about taking the course in the future would understand what it is all about.
Does this process support operational effectiveness : Choose a health care organization or provider with which you are familiar, and describe its patient information capture process. Does this process support operational effectiveness, satisfy compliance requirements, and promote quality patient care..

Reviews

Write a Review

Business Management Questions & Answers

  Equalizing perceived gap between employees and leaders

How to equalize the perceived gap between employees and leaders. Where possible, provide specific examples of such incidents where you saw the concept occur.

  Explain how has learning about marketing concepts better

Explain how has learning about marketing concepts given you a better understanding of the market place and explain how businesses and consumers make decisions?

  Furniture products consist of components

Assume that at Pine Valley Furniture products consist of components, products are assigned to salespersons, and components are produced by vendors.

  Pareto analysis of databelow is a table of data collected

pareto analysis of databelow is a table of data collected over a six-month period in a local grocery store. construct a

  Forward integration and strategic managementquestion what

forward integration and strategic managementquestion what is forward integration as it relates to strategic management?

  Example of moral philosophy

Provide a "real world" example of moral philosophy. What is the difference between idealism and realism? Support your definitions with practical examples.

  Tables found under annual labor force statistics

Which one had the greatest increase in the number of available workers and thus, the possibility of the greatest outward shift in their nation's production possibilities curve?

  Libertarianism-liberalism or communitarianism

Pick one of the political approaches (Libertarianism, Liberalism, or Communitarianism) and demonstrate why you believe it would be the most unjust of the three approaches for a centralized government,

  Select a non-north american organization

Select a non-North American organization. Identify and describe one of the organization's products that has reached its stage of maturity.

  Can an organization communicate within itself

Can an organization communicate within itself without human intervention? Think of examples and situations where this occurs or why it cannot occur

  Addresses pay for performance in healthcare

Physicians and facilities are paid for services rendered instead of the quality of the performance, known as pay for performance.

  Managers misconceptions about trainingi recently read a

managers misconceptions about trainingi recently read a white paper by a company called future think on the future of

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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