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NEED HELP WITH THE EXCEL:  DECISION VARIBLES OBJECTIVE FUNCTION CONTRAINSTS

NEED HELP WITH THE EXCEL:  DECISION VARIBLES OBJECTIVE FUNCTION CONTRAINSTS

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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NEED HELP WITH THE EXCEL: 

DECISION VARIBLES

OBJECTIVE FUNCTION

CONTRAINSTS

 

Data Ingredient Product Product Almond Brazil nut Filbert Ресan Walnut Profit Demand (Ib) $1.65 $1.90 $2.35 Regular mix 15% 25% 25% 10% 25% 10,000 Deluxe mix 20% 20% 20% 20% 20% 5,000 Holiday mix 25% 15% 15% 25% 20% 3,000 Ingredient Availability (Ib) 6,000 7,500 7,500 6,000 7,500 Cost $7,800 $7,350 $7,150 $7,200 $7,450 Decision variables Production quantity in Ibs Regular mix Deluxe mix Holiday mix Objective function Maximize profits Constraints Availability of ingredients Consumption Availability Almond <= 6,000 Brazil nut <= 7,500 Filbert <= 7,500 Ресan 6,000 <= Walnut <= 7,500 Demand to satisfy Produced Demand Regular mix 10,000 >= Deluxe mix >= 5,000 Holiday mix 3,000 >=
Transcribed Image Text:Data Ingredient Product Product Almond Brazil nut Filbert Ресan Walnut Profit Demand (Ib) $1.65 $1.90 $2.35 Regular mix 15% 25% 25% 10% 25% 10,000 Deluxe mix 20% 20% 20% 20% 20% 5,000 Holiday mix 25% 15% 15% 25% 20% 3,000 Ingredient Availability (Ib) 6,000 7,500 7,500 6,000 7,500 Cost $7,800 $7,350 $7,150 $7,200 $7,450 Decision variables Production quantity in Ibs Regular mix Deluxe mix Holiday mix Objective function Maximize profits Constraints Availability of ingredients Consumption Availability Almond <= 6,000 Brazil nut <= 7,500 Filbert <= 7,500 Ресan 6,000 <= Walnut <= 7,500 Demand to satisfy Produced Demand Regular mix 10,000 >= Deluxe mix >= 5,000 Holiday mix 3,000 >=
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