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find the minimum and maximum values of the objective function and where they occur, subject to...
Find the maximum and minimum of the objective function: F =3x+2y subject to constraints: x >...
Find the maximum and minimum of the objective function: F =3x+2y subject to constraints: x > 0 y > 0 x + 2y < 4 x - y<1 Maximum value = 8, at point (0,4) Minimum value =0, at point (0, 0) Maximum value = 8, at point (8/3, 0) Minimum value =0, at point (1, -3/2) Maximum value = 8, at point (2, 1) Minimum value =0, at point (-2/3, 1) Maximum value = 8, at point (2, 1)...
Define variables Write the objective function in in terms of variables Write constraints Is this a...
Define variables
Write the objective function in in terms of variables
Write constraints
Is this a feasible problem? Please comment.
Suppose Dealer E had placed an order for 65 units, assuming all
other data remain unchanged. How does this affect the feasibility
of the problem.
A mobile-home manufacturer in Indiana channels its mobile-home units through distribution centers located in Elkhart, Ind.. Albany. N.Y., Camden. N.J.. and Petersburg. Va. An examination of their shipping department records indicates that, in the upcoming...
On the tab labeled "Original Problem", I have provided a problem statement and the modeling of...
On the tab labeled "Original Problem", I have provided a problem statement and the modeling of a Linear Programming Model Problem. Carefully read the problem statement. Reference the Wyndor example from the text for an example of the integration of a linear model to Excel. The first requirement is to fill in the formulas in the GREEN cells for the Objective function and the constraints. There is no need to change the values in the RED cells. Next, open Solver...
The question is: If the company adds an additional worker in the finishing department, what will...
The question is: If the company adds an additional worker in the
finishing department, what will happen?
The question is: If the company adds an additional worker in the
finishing department, what will happen?
Multiple choice answer options are below. The answer is either
A, B, C or D.
A.) profit will increase by $120
B.) profit will increase by $20
C.) the optimal solution will not change
D.) the company will produce 20 additional surfboards
Beach Boys Surfers is...
I dont know how they got the numbers. I tried different methods and still didnt get...
I dont know how they got the numbers. I tried different methods
and still didnt get the right answer.
Doug Turner Food Processors wishes to introduce a new brand of dog biscuits composed of chicken and liver flavored biscuits that meet certain nutritional requirements. The liver flavored biscuits contain 1 unit of nutrient A and 2 units of nutrient B; the chicken flavored biscuits contain 1 unit of nutrient A and 4 units of nutrient B. According to federal requirements,...
Problem 1 (10 pts): Construct a mathematical model (define your variables, write an objective function and...
Problem 1 (10 pts): Construct a mathematical model (define your
variables, write an objective function and constraints).
Problem 2 (10 pts): Use Excel's Solver tool to determine the
optimal solution that will maximize profit. Summarize your results.
In the Solver toolbox, choose "Simplex LP".
Problem 3 (10 pts): Discuss the effect on the optimal solution
in Problem 2 if the profit on a small table increases to $12. In
the Solver toolbox, rchoose "Simplex LP". If you Copy/Paste from
Problem...
Please help me find Q1 Q2 Q3 and total cost. Thank you. eBook The Economic Order...
Please help me find Q1 Q2 Q3 and total
cost. Thank you.
eBook The Economic Order Quantity (EOQ) model is a classical model used for controlling inventory and satisfying demand. Costs included in the model are holding cost per unit, ordering cost and the cost of goods ordered. The assumptions for that model are that only a single item is considered, that the entire quantity ordered arrives at one time, that the demand for the item is constant over time,...
1. Consumer’s utility function is: U (X,Y) = 10X + Y. Consumer’s income M is 40...
1. Consumer’s utility function is: U (X,Y) = 10X + Y. Consumer’s income M is 40 euros, the price per unit of good X (i.e. Px ) is 5 euros and the price per unit of good Y (i.e. Py) is 1 euro. a) What is the marginal utility of good X (MUx) for the consumer? ( Answer: MUx = 10) b) What is the marginal utility of good Y (MUy) for the consumer? ( Answer: MUy = 1) c)...
Exercise 2 Linear Programming 1. The Scrod Manufacturing Co. produces two key items – special-purpose Widgets...
Exercise 2 Linear Programming 1. The Scrod Manufacturing Co. produces two key items – special-purpose Widgets (W) and more generally useful Frami (F). Management wishes to determine that mix of W & F which will maximize total Profits (P). Data W F Unit profit contributions $ 30 $ 20 Demand estimates (unit/week) 250 500 Average processing rates – each product requires processing on both machines (units/hour) Machine #1 2 4 Machine #2 ...
Problem 1: Financial Statement Ratio Analysis (40 points total) Use the following financial statements for Dell,...
Problem 1: Financial Statement Ratio Analysis (40 points total) Use the following financial statements for Dell, Inc. to answer the questions which follow: BALANCE SHEET (SMil) 2017 10,298 2018 7,972 % 28.9 2019 9,092 % 34.3 40.2 Cash & Short Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Net Fixed Assets Intangibles Other Long Term Assets Total Assets 6,152 24.0 660 2.6 2,829 11.3 19.939 76.6 2,409 8.7 0 0 3,287 14.7 25,635 100.0 7,693 27.9 1,180...
Find the maximum and minimum of the objective function: F =3x+2y subject to constraints: x > 0 y > 0 x + 2y < 4 x - y<1 Maximum value = 8, at point (0,4) Minimum value =0, at point (0, 0) Maximum value = 8, at point (8/3, 0) Minimum value =0, at point (1, -3/2) Maximum value = 8, at point (2, 1) Minimum value =0, at point (-2/3, 1) Maximum value = 8, at point (2, 1)...
Define variables
Write the objective function in in terms of variables
Write constraints
Is this a feasible problem? Please comment.
Suppose Dealer E had placed an order for 65 units, assuming all
other data remain unchanged. How does this affect the feasibility
of the problem.
A mobile-home manufacturer in Indiana channels its mobile-home units through distribution centers located in Elkhart, Ind.. Albany. N.Y., Camden. N.J.. and Petersburg. Va. An examination of their shipping department records indicates that, in the upcoming...
The question is: If the company adds an additional worker in the
finishing department, what will happen?
The question is: If the company adds an additional worker in the
finishing department, what will happen?
Multiple choice answer options are below. The answer is either
A, B, C or D.
A.) profit will increase by $120
B.) profit will increase by $20
C.) the optimal solution will not change
D.) the company will produce 20 additional surfboards
Beach Boys Surfers is...
I dont know how they got the numbers. I tried different methods
and still didnt get the right answer.
Doug Turner Food Processors wishes to introduce a new brand of dog biscuits composed of chicken and liver flavored biscuits that meet certain nutritional requirements. The liver flavored biscuits contain 1 unit of nutrient A and 2 units of nutrient B; the chicken flavored biscuits contain 1 unit of nutrient A and 4 units of nutrient B. According to federal requirements,...
Problem 1 (10 pts): Construct a mathematical model (define your
variables, write an objective function and constraints).
Problem 2 (10 pts): Use Excel's Solver tool to determine the
optimal solution that will maximize profit. Summarize your results.
In the Solver toolbox, choose "Simplex LP".
Problem 3 (10 pts): Discuss the effect on the optimal solution
in Problem 2 if the profit on a small table increases to $12. In
the Solver toolbox, rchoose "Simplex LP". If you Copy/Paste from
Problem...
Please help me find Q1 Q2 Q3 and total
cost. Thank you.
eBook The Economic Order Quantity (EOQ) model is a classical model used for controlling inventory and satisfying demand. Costs included in the model are holding cost per unit, ordering cost and the cost of goods ordered. The assumptions for that model are that only a single item is considered, that the entire quantity ordered arrives at one time, that the demand for the item is constant over time,...
Problem 1: Financial Statement Ratio Analysis (40 points total) Use the following financial statements for Dell, Inc. to answer the questions which follow: BALANCE SHEET (SMil) 2017 10,298 2018 7,972 % 28.9 2019 9,092 % 34.3 40.2 Cash & Short Term Investments Accounts Receivable Inventory Other Current Assets Total Current Assets Net Fixed Assets Intangibles Other Long Term Assets Total Assets 6,152 24.0 660 2.6 2,829 11.3 19.939 76.6 2,409 8.7 0 0 3,287 14.7 25,635 100.0 7,693 27.9 1,180...
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