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4. Consider the following problem Minimize Z= 2r, + 3x:, subject to 2r + x: 2 250 Xi + 3x 2 500 and X 20, x2 20

4. Consider the following problem Minimize Z= 2r, + 3x:, subject to 2r + x: 2 250 Xi + 3x 2 500 and X 20, x2 20

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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please solve b part only
4. Consider the following problem Minimize Z= 2r1 + 3x2, subject to 2r, + x: 2 250 X + 3x 2 500 and X1 2 0, x2 20 (a) Use the simplex method to step-by-step solve the problem. Explicitly state the solution. (b) Use Excel's Solver to find the optimal solution to the problem. In your solution, include a screen shot of your Excel worksheet showing row numbers and column letters, a screen shot of the Solver window, and explicitly state the solution.
Transcribed Image Text:4. Consider the following problem Minimize Z= 2r1 + 3x2, subject to 2r, + x: 2 250 X + 3x 2 500 and X1 2 0, x2 20 (a) Use the simplex method to step-by-step solve the problem. Explicitly state the solution. (b) Use Excel's Solver to find the optimal solution to the problem. In your solution, include a screen shot of your Excel worksheet showing row numbers and column letters, a screen shot of the Solver window, and explicitly state the solution.
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