The president of State University wants to forecast student…

The president of State University wants to forecast student enrollments for this academic year based on the following historical data:   What is the forecast for this year using exponential smoothing with alpha = 0.5, if the forecast for two years ago was 16,000?

An electronics firm produces two models of pocket calculator…

An electronics firm produces two models of pocket calculators: the A-100 (A), which is an inexpensive four-function calculator, and the B-200 (B), which also features square root and percent functions. Each model uses one (the same) circuit board, of which there are only 2,500 available for this week’s production. Also, the company has allocated a maximum of 800 hours of assembly time this week for producing these calculators, of which the A-100 requires 15 minutes (.25 hours) each, and the B-200 requires 30 minutes (.5 hours) each to produce. The firm forecasts that it could sell a maximum of 4,000 A-100’s this week and a maximum of 1,000 B-200’s. Profits for the A-100 are $1.00 each, and profits for the B-200 are $4.00 each. What is the assembly time constraint (in hours)?

An electronics firm produces two models of pocket calculator…

An electronics firm produces two models of pocket calculators: the A-100 (A), which is an inexpensive four-function calculator, and the B-200 (B), which also features square root and percent functions. Each model uses one (the same) circuit board, of which there are only 2,500 available for this week’s production. Also, the company has allocated a maximum of 800 hours of assembly time this week for producing these calculators, of which the A-100 requires 15 minutes (.25 hours) each, and the B-200 requires 30 minutes (.5 hours) each to produce. The firm forecasts that it could sell a maximum of 4,000 A-100’s this week and a maximum of 1,000 B-200’s. Profits for the A-100 are $1.00 each, and profits for the B-200 are $4.00 each. What are optimal weekly profits?

The owner of Crackers, Inc. produces two kinds of crackers:…

The owner of Crackers, Inc. produces two kinds of crackers: Deluxe (D) and Classic (C). She has a limited amount of the three ingredients used to produce these crackers available for her next production run: 4,800 ounces of sugar; 9,600 ounces of flour, and 2,000 ounces of salt. A box of Deluxe crackers requires 2 ounces of sugar, 6 ounces of flour, and 1 ounce of salt to produce; while a box of Classic crackers requires 3 ounces of sugar, 8 ounces of flour, and 2 ounces of salt. Profits for a box of Deluxe crackers are $0.40; and for a box of Classic crackers, $0.50. What is the constraint for sugar?

The production planner for Fine Coffees, Inc. produces two c…

The production planner for Fine Coffees, Inc. produces two coffee blends: American (A) and British (B). Two of his resources are constrained: Columbia beans, of which he can get at most 300 pounds (4,800 ounces) per week; and Dominican beans, of which he can get at most 200 pounds (3,200 ounces) per week. Each pound of American blend coffee requires 12 ounces of Colombian beans and 4 ounces of Dominican beans, while a pound of British blend coffee uses 8 ounces of each type of bean. Profits for the American blend are $2.00 per pound, and profits for the British blend are $1.00 per pound. What is the objective function?