We are here with you hands in hands to facilitate your learning & don't appreciate the idea of copying or replicating solutions. Read More>>

Looking For Something at vustudents.ning.com? Click Here to Search

www.bit.ly/vucodes

+ Link For Assignments, GDBs & Online Quizzes Solution

www.bit.ly/papersvu

+ Link For Past Papers, Solved MCQs, Short Notes & More

ECO404 Assignment No 01 Solution & Discussion Due Date: Nov 22, 2016

ECO404 - Managerial Economics Assignment No. 1 Solution Fall 2016 Due Date: Nov 22, 2016

 MANAGERIAL ECONOMICS (ECO404)

ASSIGNMENT 

 

 

 

DUE DATE: 22 NOVEMBER, 2016 

MARKS: 10

 

 

 

 

QUESTION: 

 

 

Nestle Pakistan is one of the leading food and beverage companies in Pakistan with key focus on nutrition, health and wellness. The top priority of the company is to produce good quality and safely products with environment friendly operations. Different brands of the company include ambient dairy, coffee, bottled water, juices, baby food and breakfast cereals. Let the profit function of Nestle Pakistan is given as under

π = 60x – 3x2  –xy – 3y2  + 200y

Subject to the following constraint:

x + y = 14

 

 

 

REQUIREMENTS:

 

 

Keeping in view the above information, use the Lagrangian Multiplier method to calculate:

 

 

 

  1.  Profit maximizing values of input “x” 
  2.  Profit maximizing values of input “y”
  3.  The Lagrangian Multiplier “λ”. Also interpret it.

 

 

 

(Marks: 3+3+4)

 Note: You are advised to watch video lectures as well as study handouts and recommended text books before attempting the assignment. Write down all relevant steps involved in

 

calculations.

IMPORTANT:

24 hours extra / grace period after the due date is usually available to overcome uploading difficulties. This extra time should only be used to  meet the emergencies and above mentioned due dates should always be treated as final to avoid any inconvenience.

IMPORTANT INSTRUCTIONS

DEADLINE:

  • Make sure to upload the solution file before the due date on VULMS.
  • Any submission made via email after the due date will not be accepted.

FORMATTING GUIDELINES:

  •  Use the font style “Times New Roman” or “Arial” and font size “12”.
  •  It is advised to compose your document in MS-Word format.
  • You may also compose your assignment in Open Office format.
  • Use black and blue font colors only.

RULES FOR MARKING

Please note that your assignment will not be marked, if:

  • It is submitted after the due date.
  • The file you uploaded does not open or is corrupt.
  • It is in any  format other than MS-Word or Open Office; e.g. Excel,

PowerPoint, PDF etc.

  • It is cheated or copied from other students, internet, books, journals

 Note related to load shedding: Please be proactive Dear students!

As  you  know  that Pre Mid-Term  semester activities  have  started  and  load shedding problem is also prevailing in our country. Keeping in view the fact, you all are advised to post your activities as early as possible without waiting for the due date. For your convenience; activity schedule has already been uploaded on VULMS for the current semester, therefore no excuse will be entertained after due date of assignments, quizzes or GDBs. 

WISHING YOU BEST OF LUCK FOR THE WHOLE SEMESTER!

+ How to Follow the New Added Discussions at Your Mail Address?

+ How to Join Subject Study Groups & Get Helping Material?

+ How to become Top Reputation, Angels, Intellectual, Featured Members & Moderators?

+ VU Students Reserves The Right to Delete Your Profile, If?


See Your Saved Posts Timeline

Views: 3405

.

+ http://bit.ly/vucodes (Link for Assignments, GDBs & Online Quizzes Solution)

+ http://bit.ly/papersvu (Link for Past Papers, Solved MCQs, Short Notes & More)

+ Click Here to Search (Looking For something at vustudents.ning.com?)

+ Click Here To Join (Our facebook study Group)

Replies to This Discussion

Please Discuss here about this assignment.Thanks

Our main purpose here discussion not just Solution

We are here with you hands in hands to facilitate your learning and do not appreciate the idea of copying or replicating solutions.

anybody complete this assignment ? kindly advise 

Thanks 

any idea how to solve it?

page 14 pe solution hai par is ka answer kase nikla mujhe samaj mein nahi raha

aoa
simple sa to ha kia problem ha share karo plz

mene kar lia.. solution ka answer match kar sakty ho ap? 

Solution: X = 7, Y = 7,  l = 151

ye mera hai... apka kia hai?

ap ka answer correct nae ha dear faraz

Dear Asif, procedure batao plz kaha ghalti kar raha hoin...

Dear complete solution send karian

Assalam o alikum

My answer is X=-7, Y=21 , Lambda =81 and profit of the company = 2,457

Dear X, Y and lembda ka answer correct ha mara b ya he ata ha

Can any one plz tell me how to calculate value of X, Y & Lambda....?

RSS

Latest Activity

Rana Ali replied to Rana Ali's discussion Alfaz
47 minutes ago
Rana Ali liked Rana Ali's discussion Alfaz
47 minutes ago
Rana Ali liked Rana Ali's discussion Psy511 assignment no 1
48 minutes ago
Rana Ali added a discussion to the group PSY511 Environmental Psychology
49 minutes ago
Rana Ali liked + M.Tariq Malik's group PSY511 Environmental Psychology
50 minutes ago
Rana Ali joined + M.Tariq Malik's group
50 minutes ago
Rana Ali liked + M.Tariq Malik's discussion EDU302 Human Development and Learning Assignment No 01 Fall 2019 Solution & Discussion
52 minutes ago
MUHAMMAD USMAN replied to MIT's discussion Operating Systems(CS604) Assignment # 01 Deadline Date 16-11-2019 in the group CS604 Operating Systems
1 hour ago
Muhammad Awais replied to Usman Mughal's discussion Assignment No. 01 Semester: Fall 2019 in the group CS101 Introduction to Computing
1 hour ago
Muhammad Awais joined + M.Tariq Malik's group
1 hour ago
Farhan Amin replied to Farhan Amin's discussion your vu email address will deleted
3 hours ago
Farhan Amin replied to Farhan Amin's discussion your vu email address will deleted
3 hours ago
+ ! ! ! ! ! AaiMa AnsaRi liked + M.Tariq Malik's discussion CS201 Assignment No 01 Fall 2019 Solution & Discussion Due Date: 14-11-2019
3 hours ago
+ ! ! ! ! ! AaiMa AnsaRi replied to + M.Tariq Malik's discussion MGT211 GDB Fall 2019 Solution & Discussion in the group MGT211 Introduction To Business
3 hours ago
+ ! ! ! ! ! AaiMa AnsaRi joined + M.Tariq Malik's group
3 hours ago
+ ! ! ! ! ! AaiMa AnsaRi liked + M.Tariq Malik's discussion MGT211 GDB Fall 2019 Solution & Discussion
3 hours ago
+ Abb@s replied to Farhan Amin's discussion your vu email address will deleted
3 hours ago
+ Danial replied to Farhan Amin's discussion your vu email address will deleted
4 hours ago
Shine--Ex-VUStudent liked + "J ɨ y ą ⋆'s discussion meliiiiiiii dailyyyyyyyyyyyyyyyyy milkkkkkkkkkkkkkkkkk :(
4 hours ago
+ Danial replied to Farhan Amin's discussion your vu email address will deleted
4 hours ago

Today Top Members 

© 2019   Created by + M.Tariq Malik.   Powered by

Promote Us  |  Report an Issue  |  Privacy Policy  |  Terms of Service