Performance Lawn Equipment - Nonlinear Optimization Solution

Feb 3rd, 2012
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Liberty University
Course: ACCT
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Performance Lawn Equipment - Nonlinear Optimization Solution Given that the rate-change cost is not fixed at $5.00 per unit, instead, a nonlinear function is used to model it given by rate-change cost = 0.005(Xt - Xt-1)2. Therefore, column K in the above nonlinear optimization model represents the rate-change costs for each month obtained using the given nonlinear function and then included in the objective function. Constraints:

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