What quantities of soap and shampoo maximize profit?
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
A) X1 = 0, X2 = 2
B) X1 = 1, X2 = 2
C) X1 = 2, X2 = 2
D) X1 = 2, X2 = 1
Answer: A
You might also like to view...
Job order costing would be appropriate for companies that produce custom homesĀ and specialized equipment.
Answer the following statement true (T) or false (F)
________ crowdfunding sites allow individuals to invest in private companies for a percentage share of the company.
A. Equity B. Lending C. Reward-based D. Market
The entry to close Sales Discounts will include a debit to Income Summary
Indicate whether the statement is true or false
The future value of an annuity due is always greater than the future value of an otherwise identical ordinary annuity for interest rates greater than zero
Indicate whether the statement is true or false