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 SE is available for1800 min. Then Objective Function Value, OFV = $14925 a) True b)False
Homework Answers
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Q.1: “Marginal Cost” for B is: a) $45 b) $0 c) -$1 d) none of these Q.2: “Marginal Cost for V is:...
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+5 P + 40 V QC Manager: Demand for B: Demand for P: = 1400 minutes < 4000 minutes <- 60 units <-100 units 15 B 30 P 35 V Objective Cell (Max) Cell Name Original Value Final Value SF$3 Objective 254 14025 Variable Cells Cell $C$3 # Produced Basic $D$3 # Produced Premium SE$3 |# Produced Video Name Original Value Final Value 45 100 0...
MaxTotal Revenue Max $45 B $120 P +$89 V Software Engineer (SE) 20 B+5P 40 V QC Manager: Demand f...
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Decision Variables: B= # of Basic models to be produced, profits$45/unit P= # of Premium models t...
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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...
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(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
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function together with the constraints is given below:
Objective function:
Min
2A+3B
Subject to (s.t)
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If you could sell 50 oz. of stabilizer at $2.25/oz, how would this affect profit? Adjustable Cells Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease Cell $B$5 Varia...
If you could sell 50 oz. of stabilizer at $2.25/oz, how would
this affect profit?
Adjustable Cells Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease Cell $B$5 Variable C $C$5 Variable P Name 100 350 0 1E+30 2 Constraints Final Shadow Constraint Allowable Allowable Value Price R.H. Side Increase Decrease 200 500 50 Cell Name $D$11 Fragrance LHS 1600 $D$12 Intensifier LHS 1300 $D$13 Stabilizer LHS 350 1600 166.6666667 1E+30 50 1.5 1800 350 2
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HERE IS THE SENSITIVITY REPORT!!!!!!!!!
PLEASE SHOW ALL WORK
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Part I Suppose that in the market for paper, demand is P=100 - Q. The marginal private cost of producing paper is 10+ Q...
Part I Suppose that in the market for paper, demand is P=100 - Q. The marginal private cost of producing paper is 10+ Q. However, pollution generated by the production process creates a per unit external harm (i.e., negative externality) equal to 0.5Q (i.e., the level of the externality increases with the quantity produced). 16+1,5 Q (Social cret) 10+Q (private 0 36 45 Top a) What is the (unregulated) market equilibrium and quantity if the externality is not corrected for...
QUESTION 26 1 points Save Answer If the per unit profit associated with each pair of deluxe gloves is increase...
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MaxTotal Revenue= Max $45 B + $120 P +$89 V Software Engineer (SE) 20 B+5 P + 40 V QC Manager: Demand for B: Demand for P: = 1400 minutes < 4000 minutes <- 60 units <-100 units 15 B 30 P 35 V Objective Cell (Max) Cell Name Original Value Final Value SF$3 Objective 254 14025 Variable Cells Cell $C$3 # Produced Basic $D$3 # Produced Premium SE$3 |# Produced Video Name Original Value Final Value 45 100 0...
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...
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...
If you could sell 50 oz. of stabilizer at $2.25/oz, how would
this affect profit?
Adjustable Cells Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease Cell $B$5 Variable C $C$5 Variable P Name 100 350 0 1E+30 2 Constraints Final Shadow Constraint Allowable Allowable Value Price R.H. Side Increase Decrease 200 500 50 Cell Name $D$11 Fragrance LHS 1600 $D$12 Intensifier LHS 1300 $D$13 Stabilizer LHS 350 1600 166.6666667 1E+30 50 1.5 1800 350 2
Adjustable Cells Final...
If the per unit profit associated with producing the standard glove were to increase by $3 a pair, what would the impact be on the total profit? Obje ctive Cell (Max) Original Value Final Value Cell Name $B54 Obje ctive Function (Maxim ize Profit) 218 Variable Cells Integer 18 Contin 16 Contin Original Value Final Value Cell Name $B$1 X1(#of standard gloves) $852 X2(#of deluxe gloves) Constraints Cell Cell Value Formula Status Slack Name $B$8 1) Constraint#1 (le ather cutting...
HERE IS THE SENSITIVITY REPORT!!!!!!!!!
PLEASE SHOW ALL WORK
A B C D E F G H J K M N O 1 Transportation Model (Basic) Use Solver on Data Ribbon to solve 2 3 Input Matrix: Destinations C D A 4 1 4 7 7 1 100 5 SUPPLY 8 8 2 12 3 200 6 5 3 10 16 150 7 90 80 120 160 8 Demand Required 10 Do not change or delete unshaded cells. 11 12...
Part I Suppose that in the market for paper, demand is P=100 - Q. The marginal private cost of producing paper is 10+ Q. However, pollution generated by the production process creates a per unit external harm (i.e., negative externality) equal to 0.5Q (i.e., the level of the externality increases with the quantity produced). 16+1,5 Q (Social cret) 10+Q (private 0 36 45 Top a) What is the (unregulated) market equilibrium and quantity if the externality is not corrected for...
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