1)A company produces aSingle producr atcUstomers.. The 3.plants willproduce G0,80, and 4D:unirs dorina the next ime period,3.plants forThecompany hasunitsComitment tobo unitsCUstomer H2, and at least' 20 units to3 andmadeaSen40toCustomertoCUstomer # 3. Botho eustamerU alsoremaining units. Theunitwanttuyprofit associared with Shipping aplant i fo E Savetaletomanynetfromto customerj isthisCUstomer)3$500$200300$800$700PlantS00200100600U00300Soothe managementunitshow manywants to Bnow how manyto customersunitsand 4 andeach plantmaximi 22toselito Ship fromustomers totoeachoftheprofit-23

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Answered: A compony plants for produce Go,80, and…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section7.3: Pricing Models

Problem 2P

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Gerät Gebrochen (GG) and Gerät Defektes (GD) compete against each other in the Düsseldorf home appliance market. GG and GB tacitly bargain with each other in determining prices to charge. Each firm can either price high or price low If both price high, each receives 50 MM euros. If one prices high and the other prices low, the low-priced firm receives 70 MM euros and the high-priced firm receives 30 MM euros. If both price low, each receives 40 MM euros. Suppose now that pricing is sequential and each firm commits with certainty to a price-matching guarantee. That is, one firm exactly matches the price of the other firm. Both firms compete against each other in a single period. Under this scenario, what prices do GG and GD charge? A. Gerät Gebrochen charges a high price and Gerät Defektes charges a high price B. Gerät Gebrochen charges a low price and Gerät Defektes charges a high price C. Gerät Gebrochen charges a high price and Gerät Defektes charges a low…
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