Formulate a nonlinear program representing the profit

Assignment Help Applied Statistics
Reference no: EM13767601

A 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. 

Reference no: EM13767601

Questions Cloud

Present and future values for different interest rates : Present and future values for different interest rates-Find the following values. Compounding/discounting occurs annually. An initial $700 compounded for 10 years at 8%.
What do you see as the top three most important trends : What do you see as the top three most important trends? Why are these important trends
Required rate on equity and growth rate : Suppose that today's stock price is $33.9. If the required rate on equity is 19.8% and the growth rate is 3.2%, compute the expected dividend (i.e. compute D1)
Desired monthly ending inventory : Greener Grass Fertilizer Company plans to sell 270,000 units of finished product in July and anticipates a growth rate in sales of 4 percent per month. The desired monthly ending inventory in units of finished product is 75 percent of the next mon..
Formulate a nonlinear program representing the profit : A 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 ..
Future value for various compounding periods : You borrow $240,000; the annual loan payments are $36,552.05 for 30 years. What interest rate are you being charged? Round your answer to two decimal places. Find the amount to which $300 will grow under each of these conditions:
The intrinsic and extrinsic factors : Economic and technological disparity between the developed world and developing countries.
Opening journal entries for the transactions : The following information relates to Old McDonalds Ltd for the month of January, 2014:
The purpose of the term project is to explore an it : The purpose of the term project is for you to explore an IT topic of your choice. You may choose any IT topic, subject to instructor's approval.

Reviews

Write a Review

Applied Statistics Questions & Answers

  Ways in which we as researchers can present our data

What are some ways in which we as researchers can present our data and our findings in a way that can be understood my managers, employees and other stakeholders?

  Satisfy the stochastic difference equation

Satisfy the stochastic difference equation

  Correlation between the number of days of class missed

An analysis was done to see if there was a correlation between the number of days of class missed and a student's GPA.

  Find a chart or graph related to the health care field

Find a chart or graph related to the health care field to complete this assignment. The chart or graph should be related to an article or other supporting documentation. Respond to the following questions in bullet format. Use complete sentences.Iden..

  Frechet distribution the pdf for 3 parameter frechet

the pdf for 3 parameter frechet distribution is ltbrgtfxa?a x-?-a-1 exp-x-?-a ltbrgtthen how we can prove the cdf for

  A randomized, controlled experiment investigated

A randomized, controlled experiment investigated

  The normal distribution is a type of probability density

The normal distribution is a type of probability density function. Areas found under this curve are equivalent to probabilities. For example, the probability that z lies between a and b is denoted P(a

  Hypothesis testing

What assumptions about the number of pedestrians passing the location in an hour are necessary for your hypothesis test to be valid?

  Three approaches always result in the same conclusion

Will all three approaches always result in the same conclusion? Explain.

  Find the indicated probabilities using poisson distribution

Find the indicated probabilities using Poisson distribution. Then determine if the events are unusual.  A newspaper finds that the mean of typo error is five. Find the probability that a) exactly for errors found on a page, b)at most for errors ..

  Know the proper format for a null hypothesis

Know the proper format for a Null Hypothesis. Know the proper format for an Alternative Hypothesis. Know how to state a Null and Alternative Hypothesis for business situations. Know the definition of a Type I error. Know the definition of a Typ..

  How gender moderates the effects of treatment

What is the conclusion you can draw regarding research question that was posed in this research - would you now move on to interpret the results of the Tests of Between-Subjects Tests?

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