A- A company is planning to introduce two new products: A and B. It is estimated that the price of product A and B are 300 and 500 S, respectively. It also estimated that the cost of product A is...

NoneA- A company is planning to introduce two new products: A and B. It is estimated that the<br>price of product A and B are 300 and 500 S, respectively. It also estimated that the cost<br>of product A is 180OS per unit, and the cost of product b IS 200S per unit, plus additional<br>cost of 500000 S. In competitive market the number of sales will affect the sales price. It<br>is estimated that for each product, the sales price drops by one cent for each additional<br>unit a sold. Furthermore, sales of the product will affect sales of product B and vice<br>versa. It is estimated that the price for the product A will reduced by an additional 0.1<br>cents for each product B sold and the price for product B will decrease for by 0.3 cent<br>for each of product A sold. Formulate the given problem to maximize the profit of the<br>company?<br>

Extracted text: A- A company is planning to introduce two new products: A and B. It is estimated that the price of product A and B are 300 and 500 S, respectively. It also estimated that the cost of product A is 180OS per unit, and the cost of product b IS 200S per unit, plus additional cost of 500000 S. In competitive market the number of sales will affect the sales price. It is estimated that for each product, the sales price drops by one cent for each additional unit a sold. Furthermore, sales of the product will affect sales of product B and vice versa. It is estimated that the price for the product A will reduced by an additional 0.1 cents for each product B sold and the price for product B will decrease for by 0.3 cent for each of product A sold. Formulate the given problem to maximize the profit of the company?

Jun 04, 2022
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