Determine the profit for the optimal production quantities of soap and shampoo
The Salt Creek Soap Company has determined the following nonlinear model to determine the optimal pounds of industrial soap (X1) and shampoo (X2) it should produce each day.
Maximize Z = X12 + 2X22 - 8X1 - 12X2 + 34
Subject to: X1 + 2X2 = 4 lbs
Answer: Z = 18
You might also like to view...
Phono Inc. has a benefits package that includes paid vacations and sick leave. The human resource manager proposes shifting this time into a bank of paid time off. What would be an advantage of this change?
A. Vacation and sick leave do not make economic sense. B. The company won't have to pay for the time the employees take off. C. Most companies offer this arrangement. D. The company won't have to set a schedule for holidays. E. Employees have more flexibility and privacy for their personal matters.
Trustworthiness is that source of a spokesperson's credibility that describes his or her attractiveness
Indicate whether the statement is true or false
A buyer failed to take advantage of the vendor's credit terms of 1/10, n/45, but instead paid the invoice in full at the end of 45 days. By not taking advantage of the cash discount, the equivalent annual interest lost on the amount of the purchase is:
A. 10.4% B. 10.6% C. 6.6% D. 13.4% E. 9.0%
Which of the following sections of the statement of cash flows includes purchases and sales of long-term assets?
A) the financing activities section B) the operating activities section C) the investing activities section D) the non-cash investing and financing section