Solve the previous formulated model (Burger Doodle franchise) by using Exceland POM-QM, the optimal solution isO x1=0, x2=300O x1=300, x2-0-O x1=100, x2=300O x1-300, x2=100 The manager of a Burger Doodle franchise wants to determine how manysausage biscuits and ham biscuits to prepare each morning for breakfastcustomers. The two types of biscuits require the following resources. Thefranchise has 6 hours of labor available each morning. The manager has acontract with a local grocer for 30 pounds of sausage and 30 pounds of hameach morning. The manager also purchases 16 pounds of flour. The profit for asausage biscuit is $0.60; the profit for a ham biscuit is $0.50. The managerwants to know the number of each type of biscuit to prepare each morning inorder to maximize profit. Formulate a linear programming model for thisproblem. Define x₁ as the number of sausage biscuits to make, x2as the number of ham biscuits to make, and Z as the total profit each morning.Which of the following model formulations is correct?BiscuitLabor (hr.)Sausage (lb.)Ham (lb.)Flour (lb.)Sausage0.0100.100.04Ham0.0240.150.04

An optimal solution is a choice or action that maximizes the expected utility or minimizes the…

Answered: Solve the previous formulated model…

Practical Management Science

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Chapter2: Introduction To Spreadsheet Modeling

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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Formulate the situation in matrix form. Be sure to indicate the meaning of your rows and columns. Find the requested quantities using the appropriate matrix arithmetic. A car dealer sells sedans, station wagons, vans, and pickup trucks at sales lots in Oakdale and Roanoke. The "dealer markup" is the difference between the sticker price and the dealer invoice price. The dealer invoice prices at both locations are the same: $15,000 per sedan, $19,000 per wagon, $24,000 per van, and $26,000 per pickup. The sticker prices at the Oakdale lot are $18,900 per sedan, $23,900 per wagon, $28,900 per van, and $28,900 per pickup, while at the Roanoke lot the sticker prices are $17,900 per sedan, $22,900 per wagon, $26,900 per van, and $30,900 per pickup. Represent these prices as a dealer invoice matrix D and a sticker price matrix S. Use these matrices to find the dealer markup matrix M for these vehicles at these sales lots. (Let row 1 represent the dealer in Oakdale and row 2 represent the…
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For the remaining questions, consider the following problem description: An oil company is considering exploring new well sites S₁, S2, ..., S10 with respective costs C1, C2, C10. And in particular they want to find the least-cost selection of 5 out of the 10 possible sites. The binary decision variables x₁,x2,..., X10 denote the decision to explore the corresponding site.
Demand is forecasted using the following regression equation: D = 100 + 15(t) where “t” is a specified future time period. The current time period is 0 (t=0). The machines used to make this product have a capacity of 50 units/time period. The company currently has 4 machines yielding a total capacity of 200 units/time period. Due to technology changes, the current equipment will become obsolete at the end of period 15. If a new machine costs $2000, and the net revenue earned per unit is $10, how many machines should be added between today (t=0) and the end of period 15?
Find solution using Two-Phase Method Minimize z = 4x1 + x2 subject to 3x1 + x₂ = 3 4x1 + 3x2 ≥ 6 x1 + 2x₂ ≤ 4 x1, x2 > 0
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Multiple Optimal Solution: Example (9): Find the optimal solution for the : Multiple Optimal following model by the graphical method Max Z = X,+X, X, +X, 23 .(1) X, +X, 56 S. to : X,21 ..(2) .(3) X, s2 (4) X, 20 X, 20
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with the information given draw a graph, On the x-axis, you would have the number of units sold (from 0 to 800,000 in increments of 100, 000) and on the y-axis, you would have the dollar amount (from 0 to $3,200,000 in increments of $ 400,000). Draw a line from the origin with a slope equal to the variable cost per unit ($2.5) to represent total variable costs. Draw a horizontal line at $600,000 to represent total fixed costs. The sum of these two lines gives the total cost line. Draw another line from the origin with a slope equal to the selling price per unit ($4) to represent total sales. The point where the total sales line intersects the total cost line

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Solve the previous formulated model (Burger Doodle franchise) by using Excel and POM-QM, the optimal solution is O x1=0, x2-300 O x1=300, x2=0 - O x1-100, x2=300 O x1-300, x2=100