Component A is a binding constraint and it has 0 slack.Component B is not a binding constraint and it hasslack.(Type integers or decimals rounded to two decimal places as needed.) Maximize Profit=123 L + 136 S17 L+11 S≤ 30006 L+9 S≤2500L20 and S20(Availability of component A)(Availability of component B)Show Transcribed TextImplement the linear optimization model and find an optimal solution. Interpretthe optimal solution.The optimal solution is to produceLaserStop models and SpeedBustermodels. This solution gives thepossible profit, which is $.(Type integers or decimals rounded to two decimal places as needed.)

Decision variable: L= Laser top model S = Speedbuster model

Answered: Implement the linear optimization model…

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

Similar questions

PLEASE SOLVE IN EXCEL AND SHOW FORMULAS, DO NOT USE SOLVER. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
help please need to see work and answers done in excel only
A department store sells different models of bicycle. They are currently planning to place an order with their wholesaler. The table below shows the different models of bike, their profits, how much space they take up in inventory, and how many hours of assembly time are needed. Max s.t. Model Adult's trail bike Adult's city bike Child's trail bike Child's city bike storage space assembly time order size Profit (in $) X₁, X₂, X3, X4 20 40 24 21 20 Inventory Space (in ft) Assembly Time (in hours) 2 2 Five hundred forty feet of storage are available for storing the bikes, and 1,250 hours of assembly time is available. The store wishes to place an order for at least 275 bicycles. They are assuminging every bicycle will be sold. (Let X₁ = number of adult's trail bikes ordered. Let X₂ = number of adult's city bikes ordered. Let X3 = number of child's trail bikes ordered. Let X₁ = number of child's city bikes ordered.) (a) Formulate a linear programming model for this problem that will…
AAA
When it was founded, Instacart operated with only full-service shoppers, who typically shop from many different stores . The introduction of the role of in-store shoppers made model II (see figure 2 in the case) possible. Think of an advantage of model II over model I, with respect to the service capacity. In other words, in what way can it be beneficial to have the two roles fulfill a customer's order jointly?
The Petoskey Potato Chip Company produces 3 varieties of gourmet potato chip. The varieties and average daily demand are given below: Bar-B-Que: 325 cases/day Sour Cream & Onion: 215 cases/day Classic Cut: 360 ases/day The company runs 24 hours/day and can produce 1,300 cases of potato chips per day. Each case of potato chip costs $20 to produce and Petoskey assumes 18% of this cost as the annual holding cost. It takes Petoskey 5 hours to setup for production of a different variety at a cost of $715. Calculate the minimum cost cycle time in days. Answer: 25.2 How is this calculated?
Please solve very soon completely all parts
I need solution of 2.34 as possible as please
Crimson Wheels Bus Company produces buses. In order to produce the seats for the buses, special equipment must be set up. The setup cost per frame is $20. The cost of carrying seats in inventory is $5 per seat per year. The company produces 125,000 buses per year.The number of seats that should be produced per setup in order to minimize the total setup and carrying costs is: a.2,200 seats. b.1,920 seats. c.3,000 seats. d.1,000 seats.
Q: The Morton Supply Company produces clothing, footwear, and accessories for dancing and gymnastics. They produce three models of pointe shoes used by ballerinas to balance on the tips of their toes. The shoes are produced from four materials: cardstock, satin, plain fabric, and leather. The number of square inches of each type of material used in each model of shoe, the amount of material available, and the profit/model are shown below: Material (measured in square inches) Model 1 Model 2 Model 3 Material Available Cardstock 12 10 14 1200 Satin 24 20 15 2000 Plain fabric 40 40 30 7500 Leather 11 11 10 1000 Profit per model $50 $44 $40 a) Generate the Sensitivity Report in EXCEL for the model that you built. Interpret, in context, the Shadow Price for the Leather and the Satin constraints. Include units in your interpretations.
1
Jasmine owns 12 apartment buildings in a college town, which it rents exclusively to students. Each apartment building contains 120 rental units, but the owner is having cash flow problems due to an average vacancy rate of nearly 50 percent. The apartments in each building have comparable floor plans, but some buildings are closer to campus than others. Jasmine’s accumulated data from last year on the number of apartments rented, the rental price (in dollars), and the amount spent on advertising (in hundreds of dollars) at each of the 12 apartments are available below. These data, along with the distance (in miles) from each apartment building to campus, are presented below. Jasmine is looking for expert advice on the available data to inform administrative and business policy. By applying this scenario, help her regress the quantity demanded of her apartments on price, advertising, and distance datasets by using Excel or SPSS. Observation or (Number of Apartments) Quantity…

SEE MORE QUESTIONS

Recommended textbooks for you

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Practical Management Science

Operations Management

ISBN:

9781337406659

Author:

WINSTON, Wayne L.

Publisher:

Cengage,

Operations Management

ISBN:

9781259667473

Author:

William J Stevenson

Publisher:

McGraw-Hill Education

Operations and Supply Chain Management (Mcgraw-hi…

Operations Management

ISBN:

9781259666100

Author:

F. Robert Jacobs, Richard B Chase

Publisher:

McGraw-Hill Education

Business in Action

Operations Management

ISBN:

9780135198100

Author:

BOVEE

Publisher:

PEARSON CO

Purchasing and Supply Chain Management

Operations Management

ISBN:

9781285869681

Author:

Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson

Publisher:

Cengage Learning

Production and Operations Analysis, Seventh Editi…

Operations Management

ISBN:

9781478623069

Author:

Steven Nahmias, Tava Lennon Olsen

Publisher:

Waveland Press, Inc.

SEE MORE TEXTBOOKS

Implement the linear optimization model and find an optimal solution. Interpret the optimal solution. The optimal solution is to produce LaserStop models and SpeedBuster models. This solution gives the possible profit, which is $. (Type integers or decimals rounded to two decimal places as needed.)