ADM 2302 Chapter 2: 2. Week 2 Extra Problems Solution
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2. 2: maximize p = d + w, subject to and. Optimal solution = (d, w) = (x1, x2) = (4, 3). 2. 3 a) optimal solution: (d, w) = (x1, x2) = (1. 67, 6. 50). P = : optimal solution: (d, w) = (x1, x2) = (1. 33, 7. 00). 2: optimal solution: (d, w) = (x1, x2) = (1. 00, 7. 50). P = : each additional hour per week would increase total profit by . 2. 5: let a = units of product a produced. Maximize p = ,000a + ,000b, subject to and. 2. 6: as in the wyndor glass co. problem, we want to find the optimal levels of two activities that compete for limited resources. Let x1 be the fraction purchased of the partnership in the first friends venture. Let x2 be the fraction purchased of the partnership in the second friends venture. 600: the decisions to be made are how much, if any, to participate in each venture.