•[Link] hag alo ehallengel to asumbhion paitmaxinuaahon.

He had o uedl Hhot woxm hor

Rad

Mea togutha Te itie

e buiney mo S, hone be Ca me
it
an B
o

tnalve.
nomaly tercdiniueny ond ft bot

He thuka ot calea Ma aahto- is Ho1et vdid aunph oh Ro bhavinr t pin,b

Sale He wen> tho Aeverue ioed b illgtto peodct :.He couu [Link] 2alle malmad

u
he
,
omaeAsl
|naendederal
pfeo,lanullboducod
uaidevd bune
le hood, acleved coneatk
@cowcniie vdud
toned [Link].
the

ata lor,t o0i2el worhe

u tna
sc oudis
tt thot scale
m
,
edcty maggd dnd hal
reclucon.
a hos hetn buint or
moderte acento tta

(U4)

thetol a-haly ti posible to study fim

btuy bukndh. maot be
fin sueta situation

odyadt b cld
to league An industin auhbu ke he [Link] tytadey
teinleveloy dutt mariisu þsefit.
And at

Dudfpud aemiscotot. Talw 20) [EA

Fivm 2eao lalc 650
00

O ro or

D
3000D 2006 3000
h-ao
fim SHC -SA Ut- LAc MR-AAae

(A)
8)
SAC

SACS
AR

SAC.
D AR-HR

AR,-
SAC SMCL

Outhut.

() S. ludy tuti a fim ele [Link] size dd .moe

oY d ad mbmdl hef it iycadled mun fimn

ehwty oroitahs nal oiliy ,Ape p ut te luet lo all do Ru (ar .clul

A ophun fn al on cphmum skžlle plad An ojhimum skill plad ise me mhee finn

Condi hen
mnmuun
here o SMC
LAC
=
dl Tl
LHC= LAC=
wmom AR-SAC
MR

Baumsl iding oligc ay fim in Ameica Meveal that hey olteu thesales
maimizaiom iete,. this model lo gianin kis Bock u beharioun

value and 6.L49 . bacd onte wonnpuel rimi pe thefmi sdle mas, Atvtt aA
hce-t [Link]), wHe xeae oueuli ow Ceutveli medle Le
|el toyad hithe ilanth od to- abn md
Cainaa Conaulladto onuntu. frm Suncldbccnthut,uhoe alkel hturbuinl
la yor ebun monagu to nd otot Sale wHe sllion de tor so the.

Ateto bQumel aVeNLe or s ley

octual beaitur of the m
) 3hahie Ha del Dynamie edd (Net ex
ith adatisombd
ai-ed lby

witte t
Maund)

Ld Baumel hes discudttate emsiye and muth ple commedi ty

longvu03te Leng Run fimu le-e te

advonthemet.
)Fim haa betan ime peied avd timcdel
Assunh
nkse totel sale vele Htfs elhob -4 cet atveun 0chabe ad
demand
mad e sho
 Snthe
Hue TC isthe Total Coott Cunve
Total Rerenue cun
Te Totol oit Cunve
TC

TR Bte om the pmn to ma

p it sales tte roito so tat

sale aimd 2ahon uud isok

heae the fk-kL Ts te amize

The sades m cutimi Dudtok

zahin
D Kre s the ig heu than tte þopt

bu alema i maimizahon
miniAM
osbed outt
iT
HR Coufdi
Lcvel
o

tms
edel by tedd t
tH te wiluet
ma mum &ale
xi
mimum
a

fes te sales macinúscten the lamhld

ich not only coveed
oqeeced hd ke

ighe land
mirim beel
tals leveis

otd , hee
Jeld
the HP

Cagt witthob ama und the tR athe prite

have s hewn the maxim zation Aim hroduee theo uadit

temacdit ahee HC anR Oarve nu otapotyd ?bd , hent the m'

Ohjcheis sae moanimizahion 4o tha ftm pro duu ce OQ qyuan tty coMmodity

duchon :H-mimulrefit f
(CumSum Tx
Ln SummTax the tthe flinSRT
• Ace to Gaumol hen imbeied

edute tte prouctom

Total Cest
 5)
Horf
toffrm
TsTheotHim ha bite p d
moheadedby thur s ieet D-E oUiuaor uhe
andthey onphais thd mon
maämice hirbon
thtiy
unhion. Tat

Hee ,SH=
U-f(sHo)
Shdiuvt
Managial slad at ooting endi tiens J
Diseoonay fünd. ftb te ta iimiuel te
fud
Thet s Co mtonetsgnette or
isTavted nonge
shaveoldu]
cdopled+Re boihelty bt in slow [Link] caue
Acto Loilicmde n had
wiliomSon
Cetduch
nvowmet ond S tuneis the funchoh tRe tnereet

X-4rodact

nc
s-stattewditve
wlibmih
Sndrodu ced

AA =R-C-S

A M=
Total
Rerenue Total

hoduct Steff

etue
ininwum vo
eotia e- A-H
6-R-T
TTax. fun

marage aue

Oel [Link] lt Rellachio. Cot + chaif ltut - Tl Rtveuey

-ehlt (-avgil sot)
Discnh
aud
Ninimum
Eurd
ete : (4 b )
? Tare

ds yared othe j'ing minimum dvidend to sharehddy

mae -bu shoec Stofxditu

 co mmodi ty
Hlhjle

Igod

(nt)
Naximi zahio marinanat'
&eh sfchon
inliatons 943)fvour
nizaten andith
on þrefit mai
t stores ky (arote income
onh Mu
hs t choie
ehepueshp shodd
weld wlrinuhkn weds, the Yufpyf n.
hin an epreul in other [Link]
HCcovdingo
and o
ie'nceme.
eruer dee not aM
hove eo income bd, an etre
wot mdiwJte
he he Acfeu lisue. to efotx btut
n cewe Aai se
hs

dhtuntosiwpyte
have not
been

meagured onte alo Ond

vethele
as JmP
Leisu oeAsSuminqmantganial the herienal'a
nis

meaurd adoya output is 2e10

xe me ree ntavl Tcd IC Curre

Lucave fs alaertou
L and I, testehute
ut
The curres
breoent
 her bnepennill e

to his Tndierenie Cure T .He wil be

aiudng T@, outht Tus level gfoutd is

f- S Ben s imt Price

24l2c (olit fiom)
Fim.
firm lroduct

Combarahie Narlket - NC?

Honebg lrie- toe R unit
Limt lrice -
t - co /unt

1449, morkd.
eedtanheh thon and Nonshaty
nohon is in bl

limit þrie heorg's ddeumi

to bsig the þice so lou tat e n

and atduce i * þrefit

Rro du ce's eta pie linit
ll not eder
imin marked

Hue,fim has 3 alunthe

domala PL
 ()Dhte Modlel
fivn.
Hauioizaion
Croath boot
Nons clayical

Robin Mars

capelhsm.
in I64inhis

hut waainizcho
e Aim.

panal ond oheheldle.

€odul ta tobecive ohaqe
to Horris
Hce
Assum þhio
:
e rie
Poduon
sthu tu ve isgien
lat

s non eiy tehee

Oimir jrecin orugh diiahi

Sales

haloned

Aeb Ha oyechve
Ac-h O Dor teeut Rale

neeh hhal s (a)

arowtt Rate. Profit misahion.

Naxi

Vonaon
Radio

vouth Aaho.
 -ijt
44ddunines the hrot Rade
Helll
valuaton
d
[Link] haves ki
Baaar imat ko
Hudgokan Anutat wnke Bak Mdyae
le A kit
ilorabolie
Boole
t due

hiahfer H e,-Bdtet et ai
Q: a-b tineas funeton) indepdeat

|-bl]
uadvai funehion 1unitoin
0Sunit
0= atbx

Puasi
(3)atbl ma.
46

(b)0- a- bx
ert.
(cGubie functon
He

H 'tnintaoneradtonta]

Cencept deivahen louoe fur chom

outont funcheoed
itoahe Gwtoh uU beled
Pouweu fubo all Variable o tehe
ttan x

|
te4.
ha
how
to findot

+te
much
Ks
slspe.

chontg
ffectio
X H.4c Conted funeh

leutkano
Fitad hasto deivte
condor tirst -Ony e, uahon tat ilbe esuato nee

(quatien
b)satut shedbe in
tondtenitklfited.
10 oHéa-log2 thonthe
duivaon
to I6la- lo.2q

e cai
ll 7420 70
moietthen>
 ph ahio)
Protit mai
|
mì tion
45chs ketd i otte .)
Cast munmahon
TR= (ooQ-4Q

>
Levl P id fro fi+ maviwsod.

o d2- |00
 30,000- - 1ice
15o00

3500+0 Gx

(2n)

2X telgc.
= loo -33
-ee

aThe foeo ctotn guah,. - hon tol. ut t be Aled te Ree

33

3o04 06 k
39,000L
lsooo

- 350o +0-6x

3s00 t o.a6(sooo)
So

honen Twe ranable Kave bleet tech

untondtrent

Gnear Largoangia

Que,- Praf

Conito
funedo

x-2 |
S0%-ix-X4-3
.todte Lorg.
N+9
Csya

YaaHe
. To Mari m'se

( ty-1s)
rotit |Langraant

Vfhnis).

yt -2
has

x:
eauahon mSox- 2x?

$o-
x -34

-+
49ry-A
 " So->c 12
bhech -0

-5 t 3he +34 0 xty-2)3 tima

-|
X+y=s
x lo

tot vale ax and in the equato

10l "ceR rnue.

•focus wl be brofit maximizahon.

(Costraid funchion)

Pu= 2
10

u- Jx-4 + (to-fx-2)
(antait Budget

:x. + d (to-sx - 2) Ly .tA 0

2

- (- l0 - Sx-2
+-Sd
Subtedh -Orom
t -2d
 yl2
10-57-'
(o-SxS-0

SX = 2
dlo-s-x s)-0

(2) NP-C -
Soc
ma

HL>NRAte
mse)
|
TotalReveaae =

TR-

3+
TL
-Q2 z-92)-(4'io
2x-qx-lo-9x -
- ---s +lox42
2+31' -
Ps 02-Rx)x,12x-7

>-9-lo

0
x9ttoa)
I0c0

-x?

--23+) 40ffae-ah-g
--2xct 20
Himiahoe> hd Goue-2 anolbh To
Pasha- langrog ian- neor (rogamirg

Max
Cowtat . o

2SX2y
phmum soltok.

3x tsy
.t2y<0-Sx-to
X, Y>0
IS

,(DA (o,3),#(5,o)

€ (os), c(a,ohh:
3x tsy IS
(o,oj

eaiolde

value
sohion -4S X- 2

2= 6

tlegf2-i6 =3A:6-69.
=TR-TC 9xtlcco) foC
(2x-9x)
-/-lop4
9x- looo
- 12x -x- ctloc
=3 4

342x-x'
22 -3
3= 2 - 2

So C
2x-2 -
-2 -4
2;1

2x-2 =0
23-2 =O
G-2-
x tfeoo
TC-104

Me= 12 - 1%I
-22
MCax- 2o2-H
st dcivahom - 20
Betth

2
2x -3
NRHCaeo
r-},3)
 Natiy and btnisats

no

olamn .
185o

def
hi
Same no
Aus od celunws

a2er0mati.

Nest zeo.
Null matix (sa void motix MT mati

| 3bne
2 anthae

|+22+33
S 66
tomotix oue en
tnlskehl
Sulshechor Hah
[o-26 30 -2 3
0 So Go 4 -5 6
9 -18
36 g5 sY
 -3/1| -L3:
12 IS l8

3X2

X3t 3 X5 1x2 + 2 X4 t3X6

X1+X3+ 6XS
12 + S4tGX6

2+8+38 22 Nesahix
Bt2643(
242

B-X +2x4 x242XS

4xs
3x|+4x 4 3x 2 +
3x3 + 4x6
S 2+ 6 XS SX3 6 X6

12
26 33

|
3X3

J31s

AT AX xC -310) 3x0 AH-3 xo) 2xD+ XD +e3) 240to o o-3

5
9 + Ot
+ |-2%)+ (xD)
g-3x0 9x0 + 8X14 8•3x0
9+oto

IA:| Ixt
|ext
0+
1xS+09
0x9 lxrt ox-2\+ox0 |x-s)+ o x+ 0xg•3
0x +-2) + ox0 or(-3) +1

|S-2B IA =2 n -3
83
 ATos A
Rows bo come coluMn
- Column become Roos.

3X3

3 20
3X2

oehu e traue Matiee)

o ME T

Adjoined
Hen ce (A) A
A

23.246
12
Constan
Scale Mudthpi cation

AB=
tray þee all

1, ),[:1], dl
Ac) -A'e
 Dtuminavts

How to cal late deteum'nonts?

212 maix
A an a12

Conve to dtemi nonts no

A3Seud He gfe lair. o ddendo

32

X3

A =
3 23
|1y fist colum

\AM= 2 is kept Por Calaulat

1a)= 2(*)(a-2)t!(2u-s )
\A) = -44

H
2
3
-1
5 2 Hatix

1
Rdial (ae
02-
-20
-o o-e 2
-2
4

3T--B
o2 1

A'equal to A

Called
 Duey
Ho

\A)=

ao -2 3
1
4
t
-l6
4

2
6-&
(te-)
-2 2
3/-s

+1(-t-

2)
+o 2
(Al<

(o -S2

-o)

=
|A1

-13.