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Cyco Cyco
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6 years ago
The Elastic Firm has two products coming on the market, Zigs and Zags. To make a Zig, the firm needs 10 units of product A and 15 units of product B. To make a Zag, they need 20 units of product A and 15 units of product B. There are only 2,000 units of product A and 3,000 units of product B available to the firm. The profit on a Zig is $4 and on a Zag it is $6. Management objectives in order of their priority are:

(1) Produce at least 40 Zags.
(2) Achieve a target profit of at least $750.
(3) Use all of the product A available.
(4) Use all of the product B available.
(5) Avoid the requirement for more product A.

Formulate this as a goal programming problem.
Textbook 
Quantitative Analysis for Management

Quantitative Analysis for Management


Edition: 12th
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TheBatTheBat
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6 years ago
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Cyco Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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Yesterday
this is exactly what I needed
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2 hours ago
Thanks for your help!!
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