Answered: Kalyan Singhal Corp. makes three… | bartleby

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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Kalyan Singhal Corp. makes three products, and it has three machines available as resources as given in the foll
LP
problem:
Maximize contribution =
5X₁ +4X₂ + 3X3
1X₁ +7X₂ +4X3 ≤ 90
2X₁ + 1X₂ +7X3 ≤ 96
8X₁ +4X₂ + 1X3 ≤ 90
X₁, X2, X3 20
(C₁: hours on machine 1)
(C₂: hours on machine 2)
(C3: hours on machine 3)
a) Using a computer software for solving LP, the optimal solution achieved is:
X₁ = (round your response to two decimal places).

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