Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Articulate and answer an integer programming model for this problem.

The Skimmer Boat Company manufactures three types of moulded fiberglass recreational boats--a bass fishing boat, a sik boat and a speedboat. The profit for a bass boat is $20,500, the profit for a ski boat is $12,000 plus the profit for a speedboat is $22,300. The company trusts it will sell more bass boats than the other two boats combined but no more than twice as many. The ski boat is its standard production model as well as bass boats and speedboats are modifications. The company has production volume to manufacture 210 standard (ski-type) boats- but a bass boat requires 1.3 times the standard production capacity as well as a speedboat requires 1.5 times the normal production capacity.

In addition merely 160 of the high powered engines that are installed in the bass boats and 2 of those installed in the speedboats are available. The company desires to know how many boats of each type to produce to maximize profit. Formulate as well as solve an integer programming model for this problem.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M923390

Have any Question? 


Related Questions in Statistics and Probability

Suppose that 3 of all adults suffer from diabetes and that

Suppose that 3% of all adults suffer from diabetes and that 28% of all adults are obese. Suppose also that 2% of all adults both are obese and suffer from diabetes. (a) Find the probability that a randomly chosen adult i ...

A car dealership has 8 red 13 silver and 5 black cars on

A car dealership has 8 red, 13 silver and 5 black cars on the lot. Ten cars are chosen randomly to be displayed in front of the dealership. Find the probability that 4 cars are red and the rest are silver. Find the proba ...

Mechanics hardware needs to accumulate 41000 in 3 years to

Mechanic's Hardware needs to accumulate $41,000 in 3 years to purchase new equipment. What sinking fund payment would they need to make at the END of each month, at 6% interest compounded monthly? (Use Table 12-1 from yo ...

Consider a repeated game with standard information where

Consider a repeated game with standard information, where each player maximizes his expected 8-discounted average payoff, for some 8 that is close to but less than 1. Payoffs at each round depend on the players' moves as ...

What have you learned about the city-states in greece that

What have you learned about the city-states in Greece that you can apply to creating contact between your band of survivors and other survivor groups? Does a city-state work for your group or do you want to form another ...

1 what are quasi-experimental research designs and when are

1. What are quasi-experimental research designs, and when are they used in behavioral research? What advantages and disadvantages do they have in comparison to experimental research? 2. What are the most important threat ...

Focusing on leadership and changeintroductionin this

Focusing on leadership and change Introduction In this assignment, we will focus on you, your relationship to leadership and change in your work context and the management ideas that have influenced those topics. Rather ...

The amount of time people spend in a clothing store is

The amount of time people spend in a clothing store is normally distributed with a mean of 18 mins and SD of 4 mins. If a sample of 20 customers is randomly selected. what is this probability they will spend more than 20 ...

Suppose amongst all the families on a caribbean cruise the

Suppose amongst all the families on a Caribbean Cruise, the population variance of the number of children per family is 4. If we were to take a sample of 10 families, then the probability is .9 that the sample variance i ...

Hypothesesh0 there is no correlation between hours walking

Hypotheses H0 There is no correlation between hours walking and weight loss. H1 There is a positive correlation between hours walking and weight. H2 There is a negative correlation between hours walking and weight loss. ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro