Practical Management Science

It costs a company $12 to purchase an hour of labor and $15 to purchase an hour of capital. If […]

Q&H Company advertises during soap operas and football games. Each soap opera ad costs $50,000, and each football game ad costs

The quantity discount model in Example 12.2 uses one of two possible types of discount structures. It assumes that if

Ford has four automobile plants. Each is capable of producing the Focus, Mustang, or Crown Victoria, but it can produce

In Example 12.3, SolverTable was used to show what happens when the unit shortage cost varies. As the table indicates,

The first (R,Q) model in this section assumes that the total shortage cost is proportional to the amount of demand

In the basic EOQ model in Example 12.1, suppose that the fixed cost of ordering and the unit holding cost

In the model in Example 7.2, suppose the company continues to manufacture its product in the United States, but now

In the pricing model in Example 7.1 with the constant elasticity demand function, the assumption is that all units demanded

Continuing Problem 3 in a slightly different direction, create a two-way SolverTable where the inputs are the elasticity and the