The writer is very fast, professional and responded to the review request fast also. Thank you.
The owner of a hardware store wants to design a decision support system to predict how many and which type of nails she should sell and what information she needs to do so. The scenario is described below:
Consider that you offer six types of nails and can make as many as you need of each. These are:4-inch nails3.5-inch nails3-inch nails2.5-inch nails2-inch nails1.5-inch nails
The cost of making each type of nail depends on the size of the nail. The costs and selling prices are listed in the table below, along with the weights. The nails will be sold in boxes of up to 30. There must be no more than 10, but no less than five, of each of three types of nails in each box. The nails in each box should weigh no more than 20 ounces. You’re looking for the combination with the highest profit using a trial-and-error method. A spreadsheet would be helpful for completing this project. You’ll most likely find that you identify some promising paths to follow right away and will concentrate on those to reach the best one.
NAIL
WEIGHT (in ounces)
COST (in cents)
SELLING PRICE (cents)
4-inch
1.00
4.0
8
3.5-inch
0.85
3.5
6
3-inch
0.70
3.0
5
2.5-inch
0.50
2.5
4
2-inch
0.25
2.0
3
1.5-inch
0.10
1.5
2
Justify at least three different considerations
you looked at while attempting to come up with the most profitable
solution. What would go into such a system if you were the owner of the
store and your business profits were at stake? Your submission must be a minimum of two pages
1 day ago
REQUIREMENTS
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more