Question

The Primo Insurance Company is introducing two new product lines: special risk insurance and mortgages. The expected profit is $5 per unit on special risk insurance and $2 per unit on mortgages.
Management wishes to establish sales quotas for the new product lines to maximize total expected profit. The work requirements are as follows:
(a) Formulate a linear programming model for this problem.
D,I (b) Use the graphical method to solve this model.


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  • CreatedSeptember 22, 2015
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