Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Operation Research Expert

problem 1) Chemical manufacturer sells ammonia at a price of 560 dollars per unit. The daily total production cost in dollars for x units is given by 10000+20*x+1/50*x2 and daily production capacity is at most 14,000 units.

How many units of ammonia (rounded to nearest whole number using the round command) should be manufactured and sold daily to maximize profit? Use Optimization[Maximize].

How much money (rounded to the nearest dollar) would be made each day for that amount of production?

As time goes on and economy changes, manufacturer knows that price of ammonia could change quickly. In order to prepare for future price changes, manufacturer collected the list of prices that ammonia can be sold for in the future. The price list is as follows:

[570, 580, 590, 600, 610, 620, 630, 640, 650, 660, 670, 680, 690, 700, 710, 720, 730, 740, 750, 760, 770, 780, 790, 800, 810, 820, 830, 840, 850, 860]

For each unit price, and cost function described in part (a), determine the amount that must be produced to maximize profit, rounded to nearest whole number. Use Optimization[Maximize]. The result must be the list of integers (numbers without decimal points). Do not forget to take into account the daily production limit of 14,000 units. This list might contain duplicate values.

Operation Research, Management Studies

  • Category:- Operation Research
  • Reference No.:- M94567

Have any Question? 


Related Questions in Operation Research

A critical review on use of operations research for

A critical review on use of Operations Research for Decision Making

Consider the following scenarioyou have held conversations

Consider the following scenario: You have held conversations with Precision Part's leaders and obtained the following information, which you want to use in the development of a 4-year strategic management plan. PPQ Parts ...

The agile approach towards system analysis and development

The agile approach towards system analysis and development emphasizes iterative and incremental development, in which requirements and solutions evolve through collaboration. Prepare a 1000 word essay on the requirements ...

Directions the assignment focuses on your own understanding

DIRECTIONS The assignment focuses on your own understanding of the team's group project. Early in the conceptual phase of a new product, team members should begin to think about all of the things that need to be done to ...

A 75-year-old female is an inpatient in bed 1 of room 10 on

A 75-year-old female is an inpatient in bed #1 of Room 10 on a medical telemetry unit. She has been admitted for pneumonia. She is slightly confused. No family is with her in the hospital at this time. The nurse introduc ...

Consider you need to conduct a business forecastdescribe

Consider you need to conduct a business forecast. Describe your forecast process according to the following steps: - Define the purpose of the forecast o Establish a time horizon - Select a forecasting technique o Gather ...

The relationship between language and thinking please

"The Relationship Between Language and Thinking" Please respond to the following: Consider the following quote by the philosopher Ludwig Wittgenstein, who believed that thought without language was impossible: "The limit ...

Short essays no required length1 discuss how occupational

Short essays (no required length) 1. Discuss how occupational safety and health laws and regulations are established, implemented and possibly altered. 2. Compare and contrast this with the establishment of environmental ...

Monitoring and evaluationinitial postings must be 250-350

Monitoring and Evaluation Initial postings must be 250-350 words (not including references). Effective health care organizations recognize the importance of monitoring the implementation of a strategy as well as ongoing ...

Questionusing minitab andor a cause-and-effect diagram

Question: Using Minitab and/or a cause-and-effect diagram, identify the root cause of the problem you are trying to solve for the process you chose in 1-3. Also, construct a main effects plot, if applicable.

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen