Toshovo Computer owns four production plants that produce computer workstations. The company can sell up to 30,000 computers per year at a price of $1,500 per computer. For each plant theproduction capacity, production cost per computer, and the fixed operating cost of operating the plant for a year are given in the attached file. Use this information to construct a model and answerthe following questions.Toshovo computer dataPlant 1Plant 2Plant 3Plant 4Plant fixed cost$6,000,000 $5,000,000 $3,000,000 $2,000,000$1,000Cost per computer$900$800$750Capacity15,00012,00010,0008,000What is the value of the optimal objective function? (enter answer in units of millions with two decimal places, no $-sign or commas)At the optimum, what is the utilization of Plant 4? (enter as % to one decimal)Which, if any, plants are not operating during the planning period?What is the average fixed cost per unit sold? (round to two decimals, no $-sign)

Let, P1, P2, P3, and P4 and the variables related to the plant operations. If the values of P1, P2,…

Answered: Toshovo Computer owns four production…

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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