Question 1: What objective function will be used to evaluate the minimum cost? Question 2: Given the feasible region, how many corner points does the LP model generate? Question 3: Given the graph of the LP model, which of the following is not a corner point? (0,0), (0,8), (0,15) (15,0)

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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A department is preparing a trip for 80 volunteers to an area affected by the typhoon. The transportation company to transit the volunteers has 8 vans of 15 seats each and 5 vans of 10 seats, but only has 15 drivers available. The rental cost for a large van is $150 and $100 for a small van. Calculate how many vans of each type should be used for the trip for the least possible cost.

Question 1: What objective function will be used to evaluate the minimum cost?

Question 2: Given the feasible region, how many corner points does the LP model generate?

Question 3: Given the graph of the LP model, which of the following is not a corner point? (0,0), (0,8), (0,15) (15,0)

Question 4: How many constraints, excluding the non-negative constraints, will be considered for the determination of the optimal solution?

Question  5: What is the minimum cost referred to in the problem?

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