As the Quality Sweaters problem is now modelled, if all inputs remain fixed except for the number mailed, profit will increase indefinitely as the number mailed increases. This hardly seems...


As the Quality Sweaters problem is now modelled, if all inputs remain fixed except for the number mailed, profit will increase indefinitely as the number mailed increases. This hardly seems realistic—the company could become infinitely rich. Discuss realistic ways to modify the model so that this unrealistic behavior is eliminated.

Nov 26, 2021
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