2 Consumer products can bConsumerproducts can be classified into 4 maincategories. List, define and give anexample for each category (Note...there is one category that has twosubcategories. You must list/explainboth).e classified into 4 maincategories.

Consumer products can be defined as the final item or end goods that are purchased for personal…

Answered: Consumer products can bConsumer…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section: Chapter Questions

Problem 80P

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A major source of revenue in Texas is a state sales tax on certain types of goodsand services. Data are compiled and the state comptroller uses them to project future revenuesfor the state budget. One particular category of goods is classified as Retail Trade. Four years ofquarterly data (in $millions) for one particular area of southeast Texas follow:Quarter Year 1 Year 2 Year 3 Year 41 218 225 234 2502 247 254 265 2833 243 255 264 2894 292 299 327 356Compute the Q1, Q2, Q3, & Q4 forecasts for Year 5 given the fact that this data is known to beaffected by: Irregular effects Seasonal effects Trending effects
In a typical product mix model, where a companymust decide how much of each product to produceto maximize profit, discuss possible situations wherethere might not be any feasible solutions. Could these be realistic? If you had such a situation in your com-pany, how might you proceed?
In a typical product mix model, where a companymust decide how much of each product to produceto maximize profit, discuss possible situations wherethere might not be any feasible solutions. Could thesebe realistic? If you had such a situation in your company, how might you proceed?
Ten different types of brownies are sold. You arethinking of developing a new brownie for sale.Brownies are rated on the basis of five qualities: price,chocolate flavor, chewiness, sweetness, and ease ofpreparation. You want to group the 10 brownies on themarket into three clusters. Each cluster should containbrownies that are relatively similar.a. Why would this be useful to you?b. How would you do it?
How many is too many? COLGATE is a market leader in the US, Latin America and in many European markets with its myriad of brands. Its laundry detergents alone include Fab, Sudsil, Hurricane, Ajax and Cold Power. Besides its many detergents, Colgate is better known for its toothpaste and sells over six brands (Colgate, Ultra Brite, Dentagard, Colodent, Crystal and Sensitive). In addition, Colgate sells five brands of hand soaps (Palmolive, Irish Spring, Softsoap, Protex and Glycerine); three brands of fabric softener (Sauvitel, Fluffy and Cuddly), three brands of dish-washing liquid (Palmolive, Ajax and Dermassage), two brands of deodorants (Speed Stick and Teen Spirit) and even sells the well-known brand of pet food under the Hill’s brand of pet foods. Moreover, many of its brands are offered in several sizes and formulations. For example, you can buy large or small packages of powdered or liquid Hurricane laundry detergent in a variety of forms – regular, unscented, colour safe or…
How many is too many? COLGATE is a market leader in the US, Latin America and in many European markets with its myriad of brands. Its laundry detergents alone include Fab, Sudsil, Hurricane, Ajax and Cold Power. Besides its many detergents, Colgate is better known for its toothpaste and sells over six brands (Colgate, Ultra Brite, Dentagard, Colodent, Crystal and Sensitive). In addition, Colgate sells five brands of hand soaps (Palmolive, Irish Spring, Softsoap, Protex and Glycerine); three brands of fabric softener (Sauvitel, Fluffy and Cuddly), three brands of dish-washing liquid (Palmolive, Ajax and Dermassage), two brands of deodorants (Speed Stick and Teen Spirit) and even sells the well-known brand of pet food under the Hill’s brand of pet foods. Moreover, many of its brands are offered in several sizes and formulations. For example, you can buy large or small packages of powdered or liquid Hurricane laundry detergent in a variety of forms – regular, unscented, colour safe or…
How many is too many? COLGATE is a market leader in the US, Latin America and in many European markets with its myriad of brands. Its laundry detergents alone include Fab, Sudsil, Hurricane, Ajax and Cold Power. Besides its many detergents, Colgate is better known for its toothpaste and sells over six brands (Colgate, Ultra Brite, Dentagard, Colodent, Crystal and Sensitive). In addition, Colgate sells five brands of hand soaps (Palmolive, Irish Spring, Softsoap, Protex and Glycerine); three brands of fabric softener (Sauvitel, Fluffy and Cuddly), three brands of dish-washing liquid (Palmolive, Ajax and Dermassage), two brands of deodorants (Speed Stick and Teen Spirit) and even sells the well-known brand of pet food under the Hill’s brand of pet foods. Moreover, many of its brands are offered in several sizes and formulations. For example, you can buy large or small packages of powdered or liquid Hurricane laundry detergent in a variety of forms – regular, unscented, colour safe or…
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Use the simplex method to solve the following LP Max z = 2x1 + 3x2 s.t. x1 + 2x2 <= 6 2x1 + x2 <= 8 END LP Please use tableau like the one in the attached image, thanks
Confederate Express Service is attempting to determinehow its shipping costs for a month depend on the numberof units shipped during a month. For the last 15 months, thenumber of units shipped and total shipping cost are given inTable 24 (file Ship.xls). Units TotalMonth Shipped Shipping Cost1 300 $1,0602 400 $1,3803 500 $1,6404 200 $7405 300 $1,0606 350 $1,1907 460 $1,5208 480 $1,5809 120 $54010 760 $2,42011 580 $2,20012 340 $1,47013 120 $79014 100 $72015 500 $1,960

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Consumer products can bConsumer products can be classified into 4 main categories. List, define and give an example for each category (Note... there is one category that has two subcategories. You must list/explain both).e classified into 4 main categories.