quantity math

quantity math

Below is a LP model that helps determine the number of necklaces, bracelets, rings, and earrings a jewelry store can stock. The objective function measures profit; it is assumed that every piece stocked will be sold. Constraint 1 measures display space in units, and constraint 2 measures time to set up the display in minutes. The store only has 200 units of display space, and 120 worker/hours within which to set up. Constraints 3 and 4 are marketing restrictions; no more than 25 necklaces and rings can be in stock, and the total number of bracelets, rings, and earrings in stock must be at least 50.
quantity math