Find Solution using Voggel's Approximation method, also find optimal solution using modi method D1 D2 D3 D4 Supply si 19 30 50 10 7 S2 70 30 40 60 9 S3 40 8 70 20 | 18 Demand 5 8 7 14

Q: 25. Consider the following list of retail items sold in a small neighborhood gift shop.Average…

A: Item Annual Volume per item Average Profit Annual profit Greeting Cards 3870 0.4…

Q: Consider a market with the following supply and demand.  (It may help to draw a graph for these…

A: Below is the solution:-

Q: 1. A local shipping company D.G.H.M. Inc. han recently acquired the a large wupply of PS5'n. As…

A: We have been given the unit shipment costs from all five warehouses A,B,C,D,E, to the 7 stores. And…

Q: Capital Healthplans Inc. is evaluating two different methods for providing home health services to…

A: a. The math articulation of the NPV technique infer that task incomes are reinvested at the…

Q: 0s: FINO INITAL FEASIBLE SOLUTION COST FOR GIVEN PROBLEM by using Ar north-west cormer rule least…

A: In the northwest corner method, we make the assignment in the cells at the northwest corner.…

Q: nformation on a business is given below. Variable Expenses: Raw material expense: 250 TL / piece…

A: Answer: a. Sum total of variable expense or variable cost: 250+150+100+75+125 = 700 TL and sum total…

Q: 2. Every evening, Empire News needs to determine how many copies of the newspaper to pur- chase for…

A: Given data, Number of newspapers 160 170 175 185 200 205 210 220 Probability…

Q: Imagine that a firm produces good X with just two factors: capital, which is fixed in supply; and…

A: The detailed solution to this question is given in Step 2.

Q: In marginal analysis with discrete distributions for single-period inventory models, the value of…

A:

Q: Consider a monopolistically competitive market with NN firms. Each firm's business opportunities are…

A: given,

Q: Demand less than Supply From\To W1 W2 W3 W4 Total Supply F1 400 500 350 120 75 45 F2 250 300 250 85…

A:

Q: The demand equation for the BWS Bluetooth wireless loudspeaker is p = −0.05x + 145 where x is the…

A: the equilibrium quantity of 1000 units equilibrium price    $95

Q: An analyst is constructing a simple model to determine the gross and net profit of a product, given…

A: Gross Profit =Profit per unit times quantity                      = 2×19400                      =…

Q: Tntroduce slack variables as necessary and then write the inital smplex tableau for • 3x + 3ky s11 *…

A: Max Z =     x1 + 6 x2 + 3 x3 subject to     x1 + 2 x2 + 3 x3 ≤ 11   6 x1 +   x2 + 5 x3…

Q: A firm has revenue function given by R=10Q where R=Gross Revenue and Q=Number of Units Sold,…

A: Profit = Revenue - Cost R =10 QC = 20000+ 50(Q/800)^2Profit (P) = 10 Q – 20000 – 50(Q/800)^2…

Q: What are the determinants of Demand?  The demand function is x = 80 + 2P + 5P^2 where 'x' is the…

A: Determinants of demand are: (i) Price of the Commodity (P) (ii) Prices of Substitutes (Ps) [Tea and…

Q: D1 D2 D3 D4 demand 2 3. 4. 2- S00 Q.2// This table is the solution of the problem $1 500 Find the…

A: The North-West Corner Rule is a technique for calculating the first possible solution to a…

Q: Based on the following sensitivity analysis, which of the following products would be considered…

A: Sensitivity analysis or study is a financial representation that defines how target variables are…

Q: Find the optimal solution of the following (T.P) by using Least-Cost method. C E 40 50 70 90 90 100…

A: The transportation model is used to calculate the minimum cost of the route by selecting different…

Q: Jane's marginal benefit per day from drinking coke is given in the table below. This shows that she…

A: Marginal benefit refers to the maximum amount of income an individual is willing to spend for an…

Q: Three firms compete in the style of Bertrand. All firms have the same cost function: TC(q) = 8q.…

A: given,

Q: The distribution of daily demand for party cakes at a bakery is shown in the following table:…

A: Relative frequency Demand Cumulative Relative frequency 0.08 18 0.08 0.02 21 0.1…

Q: Max X s.t. Regular % constraint 0 X DeCaf % constraint 0 X Pounds of Regular 800 X Pounds of DeCaf…

A: Objective Functions and Constraints:                 Based on the given details, the objective…

Q: An analyst is constructing a simple model to determine the gross and net profit of a product, given…

A: Given that - Profit per unit $5 Quantity 18,200 Gross profit ? Total costs 8,300 Net…

Q: Highline Financial Services provides three categories of service to its clients. Managing partner…

A: Service A: Formula:

Q: Al Rawahi Company's budgeted sales and direct materials purchases are as follows: Months Budgeted…

A: AL Rawahi Company's scheduled sales and direct material buying are as follows - Months Budgeted…

Q: 8. a. 50 Boston 100 Dever 70 Dallas 20 17 100 2 12 Atlanta 10 Los 60 Angeles 13

A: Firstly we will be formulating the LPP: Decision variable: Let, Xij be the number of units shipped…

Q: Becton Labs, Inc., produces various chemical compounds for industrial use. One compound, called…

A: 1. Direct material price variance = Actual quantity x standard price minus Actual quantity x actual…

Q: Solve the following problem using the three methods, and after solving the problem, use a method for…

A: Three methods are: NWCM LCM VAM optimal solution is found using MODI and stepping stone method.

Q: The Solver Sensitivity Report for some profit maximization problem with several constraints…

A: Sensitivity analysis is performed to identify the extent of changes in the constraints and…

Q: 1. Cox Electric makes electronic components and has estimated the following for a new design of one…

A: Given -   Fixed cost = $24,375  Material cost per unit = $0.17  Labor cost per unit = $0.12  Revenue…

Q: The following data pertain to the operating budget of a certain manufacturing company Capacity per…

A: Given data, Sales- $681,00 Fixed cost- $294,000 Variable cost- $313,260

Q: The accompanying table shows a​ bookstore's estimated demand for a new calendar. The bookstore needs…

A: Below is the solution:-

Q: Consider a toy retailer with warehouses in St. Louis and Kansas City, Missouri. The warehouses stock…

A: Given Unit Cost of toy (Cu)= $10 Holding cost(h) = 20% of toys value = $2 Shipping cost(λ) = $500…

Q: United States Lowe's sells particular carpet for $4.88 per square foot in the United Kingdom…

A: The above question is from the topic: Foreign Exchange Rates The solution of the question us given…

Q: 5) A company's sales, in millions of dollars, are modeled by the function S(1) = 0.23 – 1.82 + 4.5t…

A:

Q: A retired couple supplement their income by making fruit pies, which they sell to a local grocery…

A: Objective Functions and Constraints:                 Based on the given details, the objective…

Q: A firm is considering importing some products to sell in a local market. The unit price and cost for…

A:

Q: he Wilcox Manufacturing Company produces an item that is subject to wide seasonal fluctuations in…

A: Linear programming model   This is the model used by the firms to determine a level of activity,…

Q: III. In a particular very small region, the consumer price index, C, depends on the current value of…

A: Given, The formula for consumer price index (C) is given as: C=100+e-EPF where, E= Gross regional…

Q: Dogie Agency has three police dogs to be assigned to 3 different department stores. The cost of each…

A: 1.The quantitative technique to be used is the assignment problem. Assignment problem is a kind of…

Q: A company manufactures two products. If it charges aprice pi for product i, it can sell qi units of…

A: We want to maximize the value of the function f(p1,p2) = q1(p1-25)+q2(p2-72)…

Q: The manager of a live stock feed company faces a production function Q=2L^0.5 K^0.5 where K…

A: Given  Production function Q= 2L^0.5 K^0.5 In the given expression 'K' represents Capital Equipment…

Q: 3.4-9. Ralph Edmund loves steaks and potatoes. Therefore, he has decided to go on a steady diet of…

A: Part (A): Decision Variable:   Suppose-X be the the no. of serving of steaksY be the the no. of…

Q: Suppose years of schooling, s, is the only variable that affects earnings. The equations for the…

A: The equations for the weekly salaries of male workers: wm = 500 + 100s The equations for the weekly…

Q: The optimal solution is (G=55.83, F=21.67) and total profit = 495.83. See sensitivity report below.…

A: Given data is Objective function: Max Z=5G+15F Subject to constraints: 1.) 30G+15F≥6002.)…