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Essay specific features
Written by:
Delphia A
Date added:
January 20, 2016
Level:
University
Grade:
A
No of pages / words:
3 / 627
Was viewed:
9677 times
Rating of current essay:
Essay content:
To generate an attainable goal I will use a linear programming model in order to represent the company's goal, the factors involved, and the limitations put on the process by the constraints.
Linear Programming Model:
The current production level of the company consists of producing and selling 400 units of Model S and 1400 units of Model LX, on a per month basis...
displayed 300 characters
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The costs incurred for the production of Model S is $1839/unit, but the model is only sold for $1800/unit, which holds a contribution margin of negative $39. The company must decide on the possibility of reducing production for this model, or an alternative to maximize their goal. From the information provided I created an Objective Function, which holds Z= $1800X1+$2100X2; where the dollar amounts represent the current selling price for both Model S and Model LX...
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