Question 1An electronic component manufacturer has two facilities producing a range ofresistors. Facility 1 costs €2000 per day to operate. Facility 2 costs €2500 per day tooperate. The production capacities per day are as follows:Facility 1Facility 2Orders25,000Resistors 1% tolerance:400300Resistors 5% tolerance30040027,000Resistors 10% tolerance20050030,000How many days should the manufacturer operate each facility in order to minimiseits costs and still produce sufficient resistors to meet its orders?a. Formulate the problem as a linear programming model (hint: let X1 representthe number of days that Facility 1 should operate and X2 represent the numberof days that Facility 2 should operate).b. Solve the problem using graphical linear programming (corner point)techniques.Question 2Solve question 1 above using Excel. The graph and minimum cost result shouldautomatically update if any of the constraints or objective function change.

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Answered: An electronic component manufacturer…

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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