Question: Linear Programming X - Wood Deal Takes 6 weeks to close 15 hours of Admin time Account size is $20,0000 Commissions are $2,000 Y -
Linear Programming
- X - Wood Deal
- Takes 6 weeks to close
- 15 hours of Admin time
- Account size is $20,0000
- Commissions are $2,000
- Y - Plastic Deal
- Takes 10 weeks to close
- 20 hours of admin size
- Account size is $100,000
- Commissions are $3,500
- Z - Iron Deal
- Takes 15 weeks to close
- 30 hours of admin size
- Account size is $150,000
- Commissions are $4,700
Some of the other constraints are that we can only complete 8 meetings per week and the admin time is limited to 10 hours per week
X,Y,Z are binary variables
Define the objective function; Minimize the cost function and then write the each constraint.
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