Consider the following set of constraints:x1 + 2x2 + 2x3 + 4x42x1 - x2 + x3 + 2x44x12x2 + x3 x4x1, x2, x3, x4VI VI VI AI98004010Solve the problem using simplex method for each of the assigned following objective functionsMin z = 5x14x2 + 6x3 - 8x4

Given LP- Min Z = 5x1- 4x2+6x3-8x4Subject to-x1+2x2+ 2x3+4x4≤402x1-x2+x3+2x4≤ 84x1- 2x2+x3-x4≤10…

Answered: Consider the following set of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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eBook Problem 8-21 (Algorithmic) Round Tree Manor is a hotel that provides two types of rooms with three rental classes: Super Saver, Deluxe, and Business. The profit per night for each type of room and rental class is as follows: Room Type 1 Type II Rental Class Super Saver $37 $18 Explain. Deluxe $40 $33 Variable SuperSaver rentals allocated to room type I SuperSaver rentals allocated to room type II Deluxe rentals allocated to room type I Deluxe rentals allocated to room type II Business rentals allocated to room type II Is the demand by any rental class not satisfied? Business Type 1 rooms do not have wireless Internet access and are not available for the Business rental class. Round Tree's management makes a forecast of the demand by rental class for each night in the future. A linear programming model developed to maximize profit is used to determine how many reservations to accept for each rental class. The demand forecast for a particular night is 125 rentals in the Super Saver…
Combined-cycle power plants use two combustion turbines to produce electricity. Heat from the first turbine’s exhaust is captured to heat waterand produce steam sent to a second steam turbine that generates additional electricity. A 968-megawatt combined-cycle gas fired plant can be purchased for $450 million, has no salvage value, and produces a net cash flow(revenues less expenses) of $50 million per year over its expected 30-year life. Solve, a. If the hurdle rate (MARR) is 12% per year, how profitable an investment is this power plant? b. What is the simple payback period for the plant? Is this investment acceptable?

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Consider the following set of constraints: x1 + 2x2 + 2x3 + 4x4 2x1x2 + x3 + 2x4 4x12x2 + x3 x4 x1, x2, x3, x4 VI VI VI AI > 9800 40 10 Solve the problem using simplex method for each of the assigned following objective functions Min z = 5x1 - 4x2 + 6x38x4