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current year. Formulate an LP model whose solution will tell John how to maximize the total profit from mobile application and website by using Excel Solver.

current year. Formulate an LP model whose solution will tell John how to maximize the total profit from mobile application and website by using Excel Solver.

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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John working at a software company and must determine how many mobile applications or websites to work on this year. While a mobile application is expected to reach 2.5 million people, working on a mobile application requires 10 hours of labor per week. While a website is expected to reach 1 million people, working on a website requires 4 hours of labor per week. Each person reached in the mobile application makes a profit of 4 TL and each person reached on the website makes a profit of 3 TL. John can work on a total of 8 mobile application or website projects at the same time and has 65 hours per week of labor are available. According to the company goals, at least 3 million website users should be reached by John in the current year. Formulate an LP model whose solution will tell John how to maximize the total profit from mobile application and website by using Excel Solver.
Transcribed Image Text:John working at a software company and must determine how many mobile applications or websites to work on this year. While a mobile application is expected to reach 2.5 million people, working on a mobile application requires 10 hours of labor per week. While a website is expected to reach 1 million people, working on a website requires 4 hours of labor per week. Each person reached in the mobile application makes a profit of 4 TL and each person reached on the website makes a profit of 3 TL. John can work on a total of 8 mobile application or website projects at the same time and has 65 hours per week of labor are available. According to the company goals, at least 3 million website users should be reached by John in the current year. Formulate an LP model whose solution will tell John how to maximize the total profit from mobile application and website by using Excel Solver.
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