Answered: Determine how to minimize the number of…

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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Question

Use the attached excel sheet to answer the following question.

To graduate from Southeastern University with a major in operations research (OR), a student must complete at least three math courses, at least three OR courses, and at least two computer courses. Some courses can be used to fulfill more than one requirement: Calculus can fulfill the math requirement; Operations Research can fulfill the math and OR requirements; Data Structures can fulfill the computer and math requirements; Business Statistics can fulfill the math and OR requirements; Computer Simulation can fulfill the OR and computer require- ments; Introduction to Computer Programming can fulfill the computer requirement; Forecasting can fulfill the OR and math requirements; and Data Mining can fulfill the OR, math, and computer requirements. Some courses are prerequisites for others: Calculus is a prereq- uisite for Business Statistics; Introduction to Computer Programming is a prerequisite for Computer Simulation and for Data Structures; and Business Statistics is a prerequisite for Forecasting and Data Mining. Determine how to minimize the number of courses needed to satisfy the major requirements. (Hint: Because Calculus is a prerequisite for Business Statistics, for example, you will need a constraint that ensures that the decision variable for Calculus is greater than or equal to the decision variable for Business Statistics.)