Apply Linear Programming to This Problem

question 2

Multiple Choice

Apply linear programming to this problem.David and Harry operate a discount jewelry store.They want to determine the best mix of customers to serve each day.There are two types of customers for their store,retail (R) and wholesale (W) .The cost to serve a retail customer is $70 and the cost to serve a wholesale customer is $89.The average profit from either kind of customer is the same.To meet headquarters' expectations,they must serve at least 8 retail customers and 12 wholesale customers daily.In addition,in order to cover their salaries,they must at least serve 30 customers each day.Which of the following is one of the constraints for this model?

• A)1 R + 1 W =< 8
• B)1 R + 1 W => 30
• C)8 R + 12 W => 30
• D)1 R => 12
• E)20 x (R + W)=>30

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Definitions:

Construction

The process of building or assembling infrastructure, buildings, or other substantial physical structures.

Machinery

Tangible equipment that is used in operations, often having a significant role in production and manufacturing processes.

Schedule

A plan that outlines tasks, events, or activities, along with their intended times and dates, often used for organization and time management.

Trade-In Allowance

The value that a seller gives to a buyer for an asset exchanged as part of a purchase of a new asset.