Homework Answers
From the given information,
If you were asked to produce V, the lowest price for V that is acceptable to you is $88.
Option- (a)
Add Answer to:
MaxTotal Revenue= Max $45 B + $120 P +$89 V Software Engineer (SE) 20 B+5 P + 40 V QC Manager: De...
MaxTotal Revenue Max $45 B $120 P +$89 V Software Engineer (SE) 20 B+5P 40 V QC Manager: Demand f...
MaxTotal Revenue Max $45 B $120 P +$89 V Software Engineer (SE) 20 B+5P 40 V QC Manager: Demand for B Demand for P: 1400 minutes 15 B 30 P + 35 V 4000 minutes 60 units <100 units Objective Cell (Max) Cell Name Original Value Final Value SF$3 Objective 254 14025 Variable Cells Cell $C$3 |# Produced Basic $DS3 |# Produced Premium SES3 Produced Video Name Original Value Final Value 1 1 1 45 100 0 Integer Contin Contin...
Q.1: “Marginal Cost” for B is: a) $45 b) $0 c) -$1 d) none of these Q.2: “Marginal Cost for V is:...
Q.1: “Marginal Cost” for B is: a) $45 b) $0 c) -$1 d) none of
these
Q.2: “Marginal Cost for V is: a) -$1 b) $1 c) $0 d) none of
these
Q.3: If you were asked to produce V, the lowest price for V that
is acceptable to you: a) $46 b) $91 c)$88 d) $87
Q.4: Suppose the SE is available for only 1000 min. Then
Objective Function Value, OFV = $13125 a) True b)False
Q.5: Suppose the...
Decision Variables: B= # of Basic models to be produced, profits$45/unit P= # of Premium models t...
Decision Variables: B= # of Basic models to be produced, profits$45/unit P= # of Premium models to be produced, profit-$120/unit Objective: MaxTotal Profit Max $45 B $120 P Constraints: Software Engineer (SE): 20 B5 P QC Manager: Demand for B: Demand for P: Preferred product is: a)B b)P c)QC Manager d) SE e)none of these <= 2400 minutes 15 B+30 P 2400 minutes <=100 units <= 50 units
Decision Variables: B= # of Basic models to be produced, profits$45/unit P=...
Decision Variables: B= # of Basic models to be produced, profit=$45/unit P= # of Premium models...
Decision Variables: B= # of Basic models to be produced, profit=$45/unit P= # of Premium models to be produced, profit=$120/unit Objective: MaxTotal Profit= Max $45 B + $120 P Constraints: Software Engineer (SE): 20 B + 5 P <= 2400 minutes QC Manager: 15 B + 30 P <= 2400 minutes Demand for B: B <= 100 units Demand for P: P <= 50 units. Optimal production quantities are: a) B=100 & P=50 b) B=50 & P=60 c)B=60 & P=50...
Decision Variables: B= # of external modems to be produced, profit=$40/unit P= # of internal modems...
Decision Variables: B= # of external modems to be produced, profit=$40/unit P= # of internal modems to be produced, profit=$120/unit Objective: MaxTotal Profit= Max $40 B + $120 P Constraints: Software Engineer (SE): 20 B + 5 P <= 2400 minutes QC Manager: 15 B + 30 P <= 2400 minutes Demand for B: B <= 100 units Demand for P: P <= 50 units QC is the Bottleneck. P is the preferred product since $120/30 > $40/15 Optimal production quantities: B=60, P=50. Questions: 1. True/False - Allowable...
Q1: Decision Variables: ...
Q1: Decision Variables: B= # of Basic models to be produced, profit=$45/unit P= # of Premium models to be produced, profit=$120/unit Objective: MaxTotal Profit= Max $45 B + $120 P Constraints: Software Engineer (SE): 20 B + 5 P <= 2400 minutes QC Manager: 15 B + 30 P <= 2400 minutes Demand for B: B <= 100 units Demand for P: P <= 50 units QUESTION 5 Refer to the data given in Q1. Shadow Price for “Demand for...
(8 points) M&D Chemicals produces two products that are sold as raw materials to companies ma...
(8 points) M&D Chemicals produces two products that are sold
as raw materials to companies manufacturing bath soaps and laundry
detergents. Let A=number of gallons of product A B=number of
gallons of product B M&D’s objective is to satisfy all
requirements at a minimum total cost. Production costs are $2 per
gallon for product A and $3 per gallon for product B. The objective
function together with the constraints is given below:
Objective function:
Min
2A+3B
Subject to (s.t)
1A...
MaxTotal Revenue Max $45 B $120 P +$89 V Software Engineer (SE) 20 B+5P 40 V QC Manager: Demand for B Demand for P: 1400 minutes 15 B 30 P + 35 V 4000 minutes 60 units <100 units Objective Cell (Max) Cell Name Original Value Final Value SF$3 Objective 254 14025 Variable Cells Cell $C$3 |# Produced Basic $DS3 |# Produced Premium SES3 Produced Video Name Original Value Final Value 1 1 1 45 100 0 Integer Contin Contin...
Q.1: “Marginal Cost” for B is: a) $45 b) $0 c) -$1 d) none of
these
Q.2: “Marginal Cost for V is: a) -$1 b) $1 c) $0 d) none of
these
Q.3: If you were asked to produce V, the lowest price for V that
is acceptable to you: a) $46 b) $91 c)$88 d) $87
Q.4: Suppose the SE is available for only 1000 min. Then
Objective Function Value, OFV = $13125 a) True b)False
Q.5: Suppose the...
Decision Variables: B= # of Basic models to be produced, profits$45/unit P= # of Premium models to be produced, profit-$120/unit Objective: MaxTotal Profit Max $45 B $120 P Constraints: Software Engineer (SE): 20 B5 P QC Manager: Demand for B: Demand for P: Preferred product is: a)B b)P c)QC Manager d) SE e)none of these <= 2400 minutes 15 B+30 P 2400 minutes <=100 units <= 50 units
Decision Variables: B= # of Basic models to be produced, profits$45/unit P=...
(8 points) M&D Chemicals produces two products that are sold
as raw materials to companies manufacturing bath soaps and laundry
detergents. Let A=number of gallons of product A B=number of
gallons of product B M&D’s objective is to satisfy all
requirements at a minimum total cost. Production costs are $2 per
gallon for product A and $3 per gallon for product B. The objective
function together with the constraints is given below:
Objective function:
Min
2A+3B
Subject to (s.t)
1A...
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