A company is doing campaigns to sell their products. Their capital available is 2 million. X costs 36400, it generates 97950 profit. Y costs 36400, it generates 70000 profit. Z costs 55000O, it generates 1 million profit. This is a resource allocation problem and the company wishes to maximize the profit. I hope these are enough information, please use Excel and Solver.
A company is doing campaigns to sell their products. Their capital available is 2 million. X costs 36400, it generates 97950 profit. Y costs 36400, it generates 70000 profit. Z costs 55000O, it generates 1 million profit. This is a resource allocation problem and the company wishes to maximize the profit. I hope these are enough information, please use Excel and Solver.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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