An entrepreneur had been blessed exceedingly with his clothing line business. With that, he planned to open a new business in crafts. By canvassing, he'd found another businessman who export products that needs a weekly supply of basket bags, not more than 1,000, and fans, not more than 2,500. Estimating from other businesses in the same field that he knows, an average man can make 10 basket bags and 40 fans daily, and an average woman can make 15 basket bags and 30 fans daily. To share his blessings, he plans to hire as many as possible, without producing too much items to be wasted. Not to overwork the employees, he plans to give them a two days off weekly. Also, out of gratitude to women, he pledge to gave them a hundred more than a salary of 500 a day for men. Determine the weekly salary he has to release by the maximal number of employee.

An entrepreneur had been blessed exceedingly with his clothing line business. With that, he planned to open a new business in crafts. By canvassing, he'd found another businessman who export products that needs a weekly supply of basket bags, not more than 1,000, and fans, not more than 2,500. Estimating from other businesses in the same field that he knows, an average man can make 10 basket bags and 40 fans daily, and an average woman can make 15 basket bags and 30 fans daily. To share his blessings, he plans to hire as many as possible, without producing too much items to be wasted. Not to overwork the employees, he plans to give them a two days off weekly. Also, out of gratitude to women, he pledge to gave them a hundred more than a salary of 500 a day for men. Determine the weekly salary he has to release by the maximal number of employee.

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...

See similar textbooks

Related questions

Q: RBL’s directors are looking to expand into a new suite of services. Although they are doing quite…

A: In the pursuit of strategic expansion, RBL's directors are exploring avenues for additional funding…

Q: What is the optimal objective function value for this problem?

A: Here, I have been given the sensitivity report, There are a total of three decision variables, The…

Q: Pls help ASAP for both

A: Financial management is a significant part of running any association, whether it's a business,…

Q: A wood products firm uses available time at the end of each week to make goods for stock. Cur-…

A: Linear programming helps us to find the optimal solution/best outcome, with the given…

Q: i can I get help on this please? I am stuck!! Question: lumber and plywood. In a given week, the…

A: LumberPlywoodProfit2538Quantity Produced 11400Quantity Required 10100Quantity Required 01150

Q: Maximal Flow a. Write the linear program for this problem. b. Create a spreadsheet model to find…

A: Find the given details below:

Q: Indigo Manufacturing, which produces a single product, has prepared the following standard cost…

A: • Units produced = 510 Standard quantity = 6 pounds Standard hours = 2 hours Total standard…

Q: Question A family is visiting 5 states within 10 days for vacation. There are 4 people in the…

A: The CHeaper route can be found out by using the unitary method to calculate the costs associated…

Q: Mr. ABC is devising plan for remaining four semester of BBA program he has assumed to take five…

A: The management works to accomplish the target with the managerial skills of the employees or the…

Q: Name Final Shadow ConstraintAllowableAllowable value Price RH side increase decrease Beef 28 0.45 28…

A: A sensitivity report is used to analyze the optimal solution. Using sensitivity analysis one can…

Q: . Gerald Glynn manages the Michaels Distribution Center.After careful examination of his database…

A: It is given that the distribution centre operates for 7 days in a week and daily part-time…

Q: REQUIRED: a) Draw a network that depicts the company's supply network. Identify the supply nodes,…

Q: 2. Maximize subject to p = x + 2y x + 3y < 24 2x + y ≤ 18

A: The graphical method of solving linear programs involves three steps: (1) drawing the feasible…

Q: Problem 3-19 (Algorithmic) Better Products, Inc., manufactures three products on two machines. In a…

A: let me state the given data, CategoryProduct 1Product 2Product 3Profit per unit395118Machine 1 time…

Q: Variable cells Cell $B$6 $C$6 $D$6 Cell $E$2 $E$3 Name Constraints. $E$4 Variable 1 Variable 2…

A: Given sensitivity report-

Q: The subject property has a pool valued at $30,000 and two bathrooms valued at $10,000 each. Comp 1…

A: The objective of the question is to determine the adjustments that should be made to the value of…

Q: A convenience store manager earns a base salary plus a small bonus of $190 for each of ten different…

A: Question: In order to maximize the total monthly bonus, the manager should allocate___hours…

Q: An insurance company is going to send a mail to potential customers. The content of the mail is…

A: Given:Types of customers: A and CCredit rating: XTypes of letters: Normal, special, offer to…

Question

Construct a model. Constraints and Objective function.

An entrepreneur had been blessed exceedingly with his
clothing line business. With that, he planned to open a new
business in crafts. By canvassing, he'd found another
businessman who export products that needs a weekly
supply of basket bags, not more than 1,000, and fans, not
more than 2,500. Estimating from other businesses in the
same field that he knows, an average man can make 10
basket bags and 40 fans daily, and an average woman can
make 15 basket bags and 30 fans daily. To share his
blessings, he plans to hire as many as possible, without
producing too much items to be wasted. Not to overwork
the employees, he plans to give them a two days off
weekly. Also, out of gratitude to women, he pledge to gave
them a hundred more than a salary of 500 a day for men.
Determine the weekly salary he has to release by the
maximal number of employee.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1: Define variables

VIEW

Step 2: Objective function

VIEW

Step 3: Constraints

VIEW

Step 4: Excel model and solution

VIEW

Step by step

Solved in 4 steps with 4 images

SEE SOLUTION Check out a sample Q&A here

Similar questions

Required information The Childfair Company has three plants producing child push chairs that are to be shipped to four distribution centers. Plants 1, 2, and 3 produce 12, 17, and 11 shipments per month, respec- tively. Each distribution center heeds to receive 10 shipments per month. The distance from each plant to the respective distributing centers is given below: Distance Plant 1 2 3 1 1450 1750 1250 Distribution Center 3 1050 1250 1450 Obtain an optimal solution, and determine the total cost. Total Cost = $ 2 1950 2050 1850 The freight cost for each shipment is $100 plus 50 cents per mile. 4 1350 1650 1550
Problem 3 A shipping company is planning on purchasing three different types of boats: A, B and C. The relevant data is summarized in the following table: Cost (million $) per unit Seating capacity Expected profit ($) per unit A 6.5 • Required seating capacity: at least 660. • At most 8 type C boats may be purchased 45 150,000 B 7.8 75 218,000 The objective is to minimize the expansion costs under the following restrictions: • Required returns: $1,800,000. 60 175,000 с 9.2 • At most 12 boats in all. a. Formulate the linear program that represents this problem and solve it. For the purposes of this exercise you can assume that is possible to buy fractions of a boat, no need to make the variables integer. b. What is the optimal solution (purchase plan)? How many of each container should be purchased, and what should the resultant cost be? c. Suppose that the requirement of at least 660 for seating capacity is reduced to 650. Without resolving the problem, can you determine how this would…
I need help finding the answer for this problem
L.P. Model: Minimize Subject to: Z = 15X+12Y 7X+11Y288 (C₂) (C₂) 16X+4Y280 X,Y 20 On the graph on right, constraints, C, and C₂ have been drawn. Using the point drawing tool, plot all the corner points for the feasible area. 24- 22- 20- 18- 16- 14- 12- 10 8- 64 4- 2- -N 10 12 14 16 18 20 22 24 X C G
Kathy receives her real estate license. Within a month of receiving her license, she gets a new job offer she can't refuse. She decides to continue to hold her license but not practice, do any real estate work, or collect any referrals at this time. She is willing to renew her license, do her continuing education, and pay the renewal fee for her license. What should Kathy do? ○ Opt not, renew her license or complete the educational requirements ○ Seek a voluntary inactive license. Seek an involuntary inactive license. Seek a broker who will not be upset if she does not work too hard.
15 X 10 6 15.5 1 (Max Flow Problem) 2 12 3 5 4.5 5 4 14.5 6 5 15.5 4.5 N Find the maximum flow from Node X to Node Z.
A council has a brown-field sites designated for social housing. After allowing for roads and parks it has an area of 150000 m² for social housing. The housing association intends to build a mixture of flats, two-bedroom houses, three-bedroom houses, and shops (which include a living space) on this site. The housing association wishes to maximise the number of people that can be housed but has strict housing requirements: • there must be at least twice as many two-bedroom houses as three-bedroom houses; • at least 10% of the total housing units excluding shops (i.e. flats and houses) must be flats; • buildings containing the flats (i.e a "block") must have two storeys and every flat must have the same floor space; • shops must be provided at a rate of at least one per 1500 inhabitants. The average number of inhabitants per housing unit and the ground floor area of each are given in the following table. Housing type Flat Two-bedroom house Three-bedroom house Shop Average number of…
Describe the steps that are used to resolve constraint issues.
Chalimbana university farm is about to hire workers for its production of cabbage in a space of 5 months. as a student of farm management, you decide to increase the labour by 2 units at the first output,1 unit in the second and third output, 16 units in the fourth output and 20 units in the fifth output at each production level. The farm then realizes an output of 10,25, 65,30, and 30 in that period. The farm workers got a wage of k40 per month.a. Calculate the following at different level of output.i. marginal product, (MP) ii marginal revenue product (MRP) iii marginal resource cost (MRC)
I need decision tree for Case II