MU Using Linear Programming Models to Maximize Profits Project
- February 05, 2022/ Homework Tutors
In this project you will use linear programming to maximize profit. This will help you understand business problems, translate the business requirements into mathematical terms, and apply linear algebra to problem-solving.
A northern hardware company is studying a plan to open a new distribution center in the southeast. The company plans to rent a warehouse and an adjacent office and distribute its main products to the local dealers. The company has decided to initially start with four of its main products: Pressure washers, Go karts, Generators, and Water pumps. You will help the company maximize profits by using linear programming to find the best solution.