Final Exam_OMIS 6230.pdf - Adobe Acrobat Reader (64-bit) X File Edit View Sign Window Help Home Tools Final practice quets... Final Exam_OMIS 6... x Answer keys for fin... A Sign In 4 16 135% Suppose that Well Life (WO) is implementing a regional customer segmentation strategy Search 'Add Text' and it sells the vitamins to 3 major regions in Ontario: 1. Ottawa; 2. Waterloo; and 3. Export PDF ~ Toronto. The cost of producing and delivering the product to region n = 1, ...,3 is c1 = $4.5, c2 = $5.1 and c3 = $5.5 per bottle. Supply is constrained as the supplier can supply Adobe Export PDF up to 210,000 bottles each year. The demand functions are linear, and the maximum Convert PDF Files to Word or Excel Online demand and price sensitivity (slope) in each region are estimated as follows. Select PDF File Region Maximum Demand Price Sensitivity Final Exam_..IS 6230.pdf X (Slope) 1 10000 1200 Convert to 120000 1300 Microsoft Word (*.docx) W N 150000 1500 Document Language: English (U.S.) Change The cost associated with shipping products from origin n to destination m (denoted by Convert anm) are as follows: anm Destination (m) 2 3 Origin 0 0.9 1.2 Convert, edit and e-sign PDF 0 forms & agreements (n) 1.5 1.3 W N 1.8 1.6 0 Free 7-Day Trial Construct a non-linear optimization model for WO's optimal pricing strategy to - 5 . C ENG 8:02 PM Partly cloudy Q Search LOme W US 2022-12-13Final Exam_OMIS 6230.pdf - Adobe Acrobat Reader (64-bit) X File Edit View Sign Window Help Home Tools Final practice quets... Final Exam_OMIS 6... x Answer keys for fin... A Sign In 4 16 135% Construct a non-linear optimization model for WO's optimal pricing strategy to Search 'Add Text' maximize profit while avoiding arbitrage opportunities: (1) Write down the linear price-response function in region 1. [2 points] Export PDF ~ (2) Define the decision variables. [2 points] Adobe Export PDF (3) Write down the mathematical formula of the objective function. [3 points] Convert PDF Files to Word (4) Write down the mathematical formula of the arbitrage constraints. [3 points] or Excel Online (5) Write down the mathematical formula of the production constraint. [2 points] Select PDF File (6) Write down other constraints of the optimization model. [3 points] Final Exam_..IS 6230.pdf X (7) Solve the problem in Excel using Solver or Analytic Solver. What is the optimal Convert to profit? What is the optimal solution? [5 points] Microsoft Word (*.docx) Document Language: English (U.S.) Change Convert Convert, edit and e-sign PDF forms & agreements Free 7-Day Trial Page 4 -5.C W Partly cloudy Q Search X ENG 8:02 PM US 2022-12-13