Formulate Excel model as shown below:
x = | |||
y = | |||
z = | |||
Objective value = | =2*B2^2+5*B2*B4+8*B4*B3^2 | ||
Constraint 1 | =8*B2+16*B3+21*B4 | >= | 400 |
Constraint 2 | =3*B2+5*B3+8*B4 | >= | 150 |
Constraint 3 | =4*B4^2+5*B3*B2 | <= | 600 |
Enter Solver Parameters as follows:
Note that objective function and constraint 3 have quadratic powers of variables, therefore, it is a nonlinear model.
Hence, in Solver Parameters, Select a Solving Method: GRG Nonlinear
Click Solve.
Values appear automatically in variables cells , B2:B4
Click OK
.
Result:
x = | 0 |
y = | 10.40408 |
z = | 12.24745 |
Objective value = | 10605.79 |
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