Question: The linear programming problem whose output follows is used to determine how many bottles of fire red nail polish ( x ₁ ), bright red nail polish ( x ₂ ), basil green nail polish( x ₃ ), and basic pink nail polish( x ₄ ) a beauty salon should stock. The objective function measures profit; it is assumed that every piece stocked will be sold. Constraint 1 measures display space in units, constraint 2 measures time to set up the display in minutes. Note that green nail polish does not require any time to prepare its display. Constraints 3 and 4 are marketing restrictions. Constraint 3 indicates that the maximum demand for fire red and green polish is 25 bottles, while constraint 4 specifies that the minimum demand combined for bright red, green and pink nail polish bottles is at least 50 bottles.

Price: $2.99

Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document