Question

Problem A-3 firm has di excess production capacity was created as a result. Management is considering devoting this excess ca
number) whole to the nearest b. Solve these equations using the Excel Solver. (Round your answers Decision for X Decision for
e. Suppose that an additional 150 hours per week can be obtained from the lathes by working overtime. The incremental cost wo
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Answer #1

a)

Decision Variables X1 X2 X3 4 Objective function Maximize total profit 7 12 A4+15 *B4+8 C4 Constraints 860 600 210 80 11 1*A4

1 Decision Variables 2 Number of units of each product X1 X2 X3 4 5Objective function 6 Maximize total profit C) Constraints

Solver Parameters Set Objective To: ⓔMax OMin。Value Of: By Changing aiable Cells: SAS기 SAS4:SCS4 Subject to the Constraints:

1 Decision Variables Number of units of each product X1 200 X2 X3 4 5Objective function 6 Maximize total profit 7 2400 0 0 Co

b)

Decision for X1 Decision for X2 Decision for X3 Total profit 200 C) C) 2400 Resources used 600 600 200 C) Milling Lathes Grin

c)

S1 260
S2 0
S3 10
S4 80

d-1)

Milling Lathes Grinder No Yes No

d-2) X3 will not be at maximum sales capacity

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