Question: The following LP formulation and QM output represents a problem whose solution will tell a specialty retailer how many of four different styles of umbrellas
The following LP formulation and QM output represents a problem whose solution will tell a specialty
retailer how many of four different styles of umbrellas to stock in order to maximize profit. It is assumed
that every umbrella stocked will be sold. The variables, objective function, and constraints are given
below.
Number of women's umbrellas
Number of golf umbrellas
Number of men's umbrellas
Number of folding umbrellas
Maximixe
Subject to:
storage space
special display racks
demand
marketing restriction
Global optimal solution found.
Objective value:
Infersibilities:
Total solver iterations:
Elapsed suntime seconds:
Mode Class:
IP
Total variablea:
Nonlinear pariables:
Integer variables:
Total conatraints:
Nonlinear constraints:
Total acreserse:
Nonlinear BQRGerse:
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