Facebook Pixel Code
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Data Analysis for a business making

This is a preview of the 4-page document
Read full text

That the decision variables are only those that can really be controlled and they should be working for the interest of the company for taking the profits to maximized level, ad also keeping the costs to the minimum level as that will be the key for the maximum profits. Te company must also make sure that the objective functions are properly executed as they will be the important indicators for the success of the maximum productivity. Te optimal solution will require the client to follow a specific diet which will maximize the chances and objectives which he intends to achieve.

Te chocolate of 50 grams and sugar of 100 grams might be the best diet for him through which he can meet his aims. Tis will also incur him the minimum cost, a his problem is more intense but it’s the job of his doctor to suggest the prescriptions that can cost him less but offer him more. Ys, te resources are fully utilized and the materials before being utilized were in stable form and that is product quality will also be fine.

Te only source that was not utilized properly was related to the labor. Te management experience of lesser labor doing more work that cannot be handled by them might be the one problem that caused the lack of the productivity that was targeted earlier but could not be made. Te labor part is not a minimum requirement as it is the driving force behind the productivity and this is the reason that the labor amount or quantity must be increased in the i should be labor surplus and not the deficit.

Te slack of labor might also be considered as bigger constraint in the productivity which will be affected if the constraint is not avoided in the initial threat. Te increase in the price will definitely make an impact on the optimal solution in case it is included in the optimal solution plan. I the item is not included in to the plan and solution is already providing maximum savings to the client then there is no need to think its impact the optimal solution or the objective functions.

Sadow price is actually the change in the objective value of the optimal solution of the optimization problem. Te cause might be the different constraints that were left to be removed due to the relaxation taken by the officials. Te falling shadow price can be a serious concern for the engineers as the 0 price will mean the machine shutting down. Te consultant dietician must be performing his research on what he has. ..

This is a preview of the 4-page document
Open full text
Close ✕
Tracy Smith Editor&Proofreader
Expert in: Logic & Programming, Physics, Statistics
Hire an Editor
Matt Hamilton Writer
Expert in: Logic & Programming, Chemistry, Environmental Studies
Hire a Writer
preview essay on Data Analysis for a business making
WE CAN HELP TO FIND AN ESSAYDidn't find an essay?

Please type your essay title, choose your document type, enter your email and we send you essay samples

Contact Us