Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Describe this model LP With Single LC v IN Connections Properties Edit Links 21 AL SE From From New Database HTML Text Query Refresh All

Describe this model
image text in transcribed
LP With Single LC v IN Connections Properties Edit Links 21 AL SE From From New Database HTML Text Query Refresh All Stocks Geography H28 fx B D E F Merlot 1.40 5.25 2,000.00 8 Total 1 Walker Wines 2 3 Data 4 Shiraz 5 Cost/bottles 1.60 $ 6 Price/bottle $ 6.25 $ 7 8 Base demand 1,000.00 9 Increase/$1 Adv. 5 10 Min. percent requirement 40% 11 Max. percent limitation 70% 12 18 Total Budgets 50,000.00 14 15 Model 16 17 Shiraz 18 Unit profits 4.65 $ 19 Advertising dollars S 3.912.37 $ 20 Demand 20,561.86 21 Quantity produced 20,561.86 22 23 Min. percent requirement 8812.227074 24 Max. percent limitation 0 25 26 27 Budget $ 36,811.35 $ 28 29 Total 30 Profits 124,775.84 31 32 33 34 35 36 37 38 39 40 41 42 Merlot 3.85 851.53 $ 8.812.23 8,812.23 4,763.90 29,374.09 29,374.09 0 ce 0 Used Unused 50,000.00 $ 13.188.65 $ LP With Single LC v IN Connections Properties Edit Links 21 AL SE From From New Database HTML Text Query Refresh All Stocks Geography H28 fx B D E F Merlot 1.40 5.25 2,000.00 8 Total 1 Walker Wines 2 3 Data 4 Shiraz 5 Cost/bottles 1.60 $ 6 Price/bottle $ 6.25 $ 7 8 Base demand 1,000.00 9 Increase/$1 Adv. 5 10 Min. percent requirement 40% 11 Max. percent limitation 70% 12 18 Total Budgets 50,000.00 14 15 Model 16 17 Shiraz 18 Unit profits 4.65 $ 19 Advertising dollars S 3.912.37 $ 20 Demand 20,561.86 21 Quantity produced 20,561.86 22 23 Min. percent requirement 8812.227074 24 Max. percent limitation 0 25 26 27 Budget $ 36,811.35 $ 28 29 Total 30 Profits 124,775.84 31 32 33 34 35 36 37 38 39 40 41 42 Merlot 3.85 851.53 $ 8.812.23 8,812.23 4,763.90 29,374.09 29,374.09 0 ce 0 Used Unused 50,000.00 $ 13.188.65 $

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Markets And Institutions

Authors: Anthony Saunders, Marcia Cornett

8th Edition

1264098723, 978-1264098729

More Books

Students also viewed these Finance questions