Recent content by jb7

no ideas?

Homework Statement Hi, I was wondering if I could get some help with these questions. Homework Equations n/a The Attempt at a Solution a) I (think) I can do this one, mutual best responses would suggest that the nash equilbria are (a,a), (a,b) and (b,c) b) Now this is...

thanks for your reply on how to do part D, so basically I just have to do the whole thing again, but with the new constraint where materials are available at £15 per kg? (i.e plot 0.6x+0.4y=4000?) - and then maximise using the same objective function and method from parts A and B? cheers

profit was maximised where the materials and labour constraints crossed, which gave 4000 units of x (tennis rackets), and 6000 units of y (badminton rackets), which is indeed more then the contract, which is 1000 units of x and 2000 units of of y. However, I have just noticed that at the start...

any ideas of where to start? only need help with the question in bold..

Homework Statement I can do most the question, but just get stuck on the final question. Here is the whole question 1. Gordon Ltd makes 2 products, Tennis racquets and badminton racquets, each using the same materials and the same skilled labour. The costs of the products per unit...