8 Highlands TV-Radio Store must determine how many TVs and radios to keep in stock. A TV...
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8 Highland’s TV-Radio Store must determine how many TVs and radios to keep in stock. A TV requires 10 sq ft of floorspace, whereas a radio requires 4 sq ft; 200 sq ft of floorspace is available. A TV will earn Highland $60 in profits, and a radio will earn $20. The store stocks only TVs and radios. Marketing requirements dictate that at least 60%
of all appliances in stock be radios. Finally, a TV ties up
$200 in capital, and a radio, $50. Highland wants to have at most $3,000 worth of capital tied up at any time. Formulate an LP that can be used to maximize Highland’s profit.
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Related Book For
Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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