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)
DUE DATE: 22 NOVEMBER, 2016
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
Keeping in view the above information, use the Lagrangian Multiplier method to calculate:
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anybody complete this assignment ? kindly advise
any idea how to solve it?
page 14 pe solution hai par is ka answer kase nikla mujhe samaj mein nahi raha
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....?