Examlex
The linear programming problem whose output follows determines how many red nail polishes, blue nail polishes, green nail polishes, and pink nail polishes 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. Constraints 3 and 4 are marketing restrictions.
MAX 100x1 + 120x2 + 150x3 + 125x4
Subject to 1. x1 + 2x2 + 2x3 + 2x4 ? 108
2. 3x1 + 5x2 + x4 ? 120
3. x1 + x3 ? 25
4. x2 + x3 + x4 > 50
x1, x2, x3, x4 ? 0
Optimal Solution:
Objective Function Value = 7475.000
Objective Coefficient Ranges
Right Hand Side Ranges
-How much time will be used?
Noncash Deductions
Expenses that reduce a company's taxable income but do not involve an actual cash outflow, such as depreciation and amortization.
Net Working Capital
Represents the difference between a company's current assets and current liabilities, indicating the liquidity of the business.
Pro Forma Statements
Financial statements that project the future financial performance of a company, based on certain assumptions.
Long-Term Debt
Debt with a maturity of more than one year, used to finance or capitalize lasting investments.
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