Ashworth Industries would like to make a price and production decision on two of its products. Define

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Ashworth Industries would like to make a price and production decision on two of its products. Define QA and QB as the quantities of products A and B to produce and PA and PB as the price for products A and B. The weekly quantities of A and B that are sold are functions of the price, according to the following expressions:
QA = 5,500 - 200PA QB
= 4,500 - 225PB
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Managerial Decision Modeling With Spreadsheets

ISBN: 9780136115830

3rd Edition

Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair

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