Mrs. Davis earns $100 per week plus 6% commission on all of her sales. If she sells a house this month worth $120,000, what is h
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Step-by-step explanation:
<em>See attached a detailed annotation of the LP formulation</em>
let is describe the problem bellow.
An electronics company has a contract to deliver 21,475 radios within
the next four weeks. The client is willing to pay
$20 for each radio delivered by the end of week 1
$18 for each radio delivered by the end of week 2
$16 for each radio delivered by the end of week 3
$14 for each radio delivered by the end of week 4
Each worker can assemble 50 radios/wk.
Size of present workforce = 40.
Any experienced worker can be taken off the assembly line to instruct a class
of three trainees; after one week of instruction, each of the trainees can
either proceed to the assembly line or instruct additional new classes.
Weekly wages for experienced workers: $200
Weekly wages for trainees: $100
Production costs, excluding wages: $5/radio.
