Re: ISI ME II 2014

Posted by Spiti on Apr 28, 2014; 5:58am
URL: http://discussion-forum.276.s1.nabble.com/ISI-ME-II-2014-tp7587168p7587930.html

Use Kuhn tucker optimisation.
Profit maximisation equation would be (10-q1)q1 + 5q2 -4(q1+q2) subject to q1+q2<=100.
Here q1 output in domestic mkt and q2 in export mkt.