Maximum purchase quantity If the management science team in TBA Airlines decided to use the below module, Which of the following is formula representing the main objective function? A B D E 2 Unit...

Maximum purchase quantity<br>If the management science team in TBA Airlines decided to use the below module, Which of<br>the following is formula representing the main objective function?<br>A<br>B<br>D<br>E<br>2<br>Unit Profit ($millions)<br>Small Airplane Large Airplane<br>22<br>3<br>7<br>4<br>Capital Per Unit Purchased<br>25<br>Capital<br>Spent<br>250<br>Capital<br>Ava<br>able<br>250<br>7<br>8<br>Capital ($millions)<br>75<br>9<br>Total Profit<br>KSmillions)<br>73<br>10<br>Small Airplane Large Airplane<br>1<br>11<br>Number Purchased<br>3<br>12<br><=<br>13<br>Maximum Small Airplanes<br>O =SUMPRODUCT(UnitProfit, NumberPurchased)<br>O =SUMPRODUCT(CapitalPerUnitPurchased,NumberPurchased)<br>O =MaxSmallAirplanes<br>O =SUMPRODUCT(UnitProfit, CapitalPerUnitPurchased)<br>O =SUM(C11,D11)<br>F.<br>

Extracted text: Maximum purchase quantity If the management science team in TBA Airlines decided to use the below module, Which of the following is formula representing the main objective function? A B D E 2 Unit Profit ($millions) Small Airplane Large Airplane 22 3 7 4 Capital Per Unit Purchased 25 Capital Spent 250 Capital Ava able 250 7 8 Capital ($millions) 75 9 Total Profit KSmillions) 73 10 Small Airplane Large Airplane 1 11 Number Purchased 3 12 <= 13="" maximum="" small="" airplanes="" o="SUMPRODUCT(UnitProfit," numberpurchased)="" o="SUMPRODUCT(CapitalPerUnitPurchased,NumberPurchased)" o="MaxSmallAirplanes" o="SUMPRODUCT(UnitProfit," capitalperunitpurchased)="" o="SUM(C11,D11)">

Question 3<br>The TBA Airlines is a small regional company that specializes in short flights in small airplanes.<br>The company has been doing well and has decided to expand its operations. The basic issue<br>facing management is whether to purchase more small airplanes to add some new short<br>flights, or start moving into the national market by purchasing some large airplanes, or both.<br>The TBA airlines management would like to decide on how many airplanes of each type should<br>be purchased to maximize their total net annual profit? Below is the problem data.<br>Small<br>Large<br>Capital<br>Airplane<br>Airplane<br>Available<br>Net annual profit per airplane<br>$7 million<br>$22 million<br>Purchase cost per airplane<br>25 million<br>75 million<br>$250 million<br>Maximum purchase quantity<br>If the management science team in TBA Airlines decided to use the below module, Which of<br>the following is formula representing the main objective function?<br>B<br>E<br>1<br>Small Airplane Large Airplane<br>3<br>Unit Profit ($millions)<br>22<br>4.<br>Capital<br>Spent<br>250<br>Capital<br>Available<br>9.<br>Capital (Smillions)<br>Capital Per Unit Purchased<br>25<br>8<br>75<br>250<br>9.<br>10<br>Total Profit<br>Small Airplane Large Airplane<br>11<br>Number Purchased<br>(Smillions)<br>73<br>12<br>

Extracted text: Question 3 The TBA Airlines is a small regional company that specializes in short flights in small airplanes. The company has been doing well and has decided to expand its operations. The basic issue facing management is whether to purchase more small airplanes to add some new short flights, or start moving into the national market by purchasing some large airplanes, or both. The TBA airlines management would like to decide on how many airplanes of each type should be purchased to maximize their total net annual profit? Below is the problem data. Small Large Capital Airplane Airplane Available Net annual profit per airplane $7 million $22 million Purchase cost per airplane 25 million 75 million $250 million Maximum purchase quantity If the management science team in TBA Airlines decided to use the below module, Which of the following is formula representing the main objective function? B E 1 Small Airplane Large Airplane 3 Unit Profit ($millions) 22 4. Capital Spent 250 Capital Available 9. Capital (Smillions) Capital Per Unit Purchased 25 8 75 250 9. 10 Total Profit Small Airplane Large Airplane 11 Number Purchased (Smillions) 73 12

Jun 03, 2022

SOLUTION.PDF

Maximum purchase quantity If the management science team in TBA Airlines decided to use the below module, Which of the following is formula representing the main objective function? A B D E 2 Unit...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment