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Business Analytics · End Term · 24 Dec 2023 · September 2023 term · Set ADF3

Question 26: There are 4 business units. There are two outputs and on…

Question 26

+2 marksOne correct option

There are 4 business units. There are two outputs and one input under consideration. You are solving the optimization problem for business unit 3 and find that the efficiency is 0.8. You find that the dual variables corresponding to the constraints of business units 3 and 5 are non-zero and the dual variables corresponding to the constraints of other units are zero. The dual variables corresponding to the constraints of business units 3 and 5 are 0.35 and 0.45 respectively. You are given the following table where sales and number of leads are the two outputs. What is the Total Profit in HCU 4?

Hint: Round off answers to 4 decimal places in every step of your calculation

Total Profit (1000 $)Market Share (%)
DMU 315,00055%
DMU 518,00060%
  1. A

    16687.5

  2. B

    15687.5

  3. C

    18687.5

  4. D

    14987.5

Show answer

Correct answer

  • A

    16687.5

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Question 26 of 35 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 24 Dec 2023, in the September 2023 term (IIT M FOUNDATION FN EXAM FDF1 24 Dec 2023). It carries 2 marks.

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