optimization
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
Related questions
Question
Demand of product A varies with the price as guided by the following equation.
Demand = -1.5 * price + 25
Moreover, sale of product A leads to sale of another product B of the same company. Additional data is as given below.
|
Unit cost of A (Rs.) |
3 |
|
Number of units of B with one A |
20 |
|
Profit from sale of one unit of B (Rs.) |
0.85 |
Develop the optimization model for pricing of A to maximize total profit earned and find the optimal price.
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