Solve the following LP Problem using Simplex method. What is the optima Time left 0:47:34objective function?subject toa. 1750O b. 1850c. 2100O d. 1770Maximize z2x₂ + 3x₂12002x₁ + x₂ 10004x₂ = 800x1, x₂ = 03x₁ + 4x₂(Resistors)(Capacitors)(Chips)

Here, there are two decision variables, X1 and X2, The objective function: Max Z=3×X1+4×X2…

Answered: Solve the following LP Problem using…

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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Write the mathematical model and use Solver sensitivity analysis to answer the following question: A farm co-op has 6,001 acres available to plant with corn and soybeans. Each acre of corn requires 9 gallons of fertilizer/herbicide and 0.75 hour of labor to harvest. Each acre of soybeans requires 3 gallons of fertilizer/herbicide and 1 hour of labor to harvest. The co-op has available at most 40,500 gallons of fertilizer/herbicide and at most 5,250 hours of labor for harvesting. Find the shadow price associated with the "fertilize/herbicide" constraint if the profits per acre are $65 for corn and $45 for soybeans. Round your answer to the nearest cent if necessary. A$0.00 B$1.11 C$2.22 D$3.33 E$4.44
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Sensitivity Analysis for a Manufacturing Problem The Trim-Look Company makes a line of hand-made shirts, dresses, and coats for women. Each product must pass through the cutting and sewing department. In addition, each product makes use of the same polyester fabric. They have formulated a linear programming spreadsheet model to determine the production levels that would maximize profit. The spreadsheet model and sensitivity report are shown below. Answer the following questions as specifically and completely as is possible without re-solving the problem with Solver. Justify your answers using the results from the sensitivity report. All problems are independent (i.e., any change made in one part does not affect the other parts). Type your answers into a single worksheet tab on your spreadsheet, clearly labeling each answer (a, b, c, etc.). E F G D Shirts Dresses Coats Profit Per Unit $5 $30 $20 3 4 Resources Resources Required per Unit Produced Cutting (hours) Sewing (hours) Material…
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Solve the following LP Problem using Simplex method. What is the optima objective function?