Audio Disks Will Be Opening Outlets in the Greater Phoenix

question 38

Essay

Audio Disks will be opening outlets in the greater Phoenix area.The estimated sales at each store are dependent not only on the store location,but also on the number of sales personnel,as presented in the table below ($1000s/year).Each store requires at least two salespeople,and a pool of nine salespeople is available.​
a.What would the states be in the dynamic programming formulation?
b.Draw the network that represents the dynamic programming formulation.
c.​
Given the above network,solve the sales personnel allocation problem by finding the longest path.

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Definitions:

Monetary Item

Financial assets and liabilities that carry a fixed or determinable amount of money, such as cash, receivables, and payables.

Foreign Exchange Rates

The prices at which one currency can be exchanged for another, influencing international trade and finance.

Functional Currency

The currency of the primary economic environment in which an entity operates, usually the currency of the country where it primarily generates and expends cash.

Monetary Liabilities

Obligations of an entity to pay cash to another party in the future as a result of past transactions or events.