Decision Analysis (h) extra Essay Example

  • Category:
    Management
  • Document type:
    Article
  • Level:
    Masters
  • Page:
    1
  • Words:
    68

Lecturer:

Student No.

Assignment:

Exercise A. Linear model

From the given information, the objective of SuperMalls is to maximize profit under the given constraints.

Thus the linear equation can be developed as follows:

Objective function: Maximise profit (revenue-Cost)

Objective function: (30D + 8A + 20C+15B+10S)1000.

Constraints:

Total space hired ≤ Total Available space

2000D sq.ft + 500A sq.ft + 1000C sq.ft +750B sq.ft +600S sq.ft ≤ 10000 sq.ft