Multivariable Optimization
Multivariable Optimization
- Step 1: Ask the question
- Variables:
- s = # of 19-inch sets sold ( per year )
- t = # of 21-inch sets sold ( per year )
- p = selling price for 19-inch sets
- q = selling price for 21-inch sets
- C = cost of manufacturing sets ( $/year )
- R = revenue from sale of sets ( $/year )
- P = profit from sale of sets ( $/year)