Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model on a spreadsheet and use Solver to find an optimal solution. Interpret the optimal solution, identify the binding constraints, and verify the values of the slack variables. Maximize Profit = 125 L+ 134 S 19 L+11 S≤ 3000 (Availability of component A) 5 L+9 S≤2500 L≥0 and S≥0 (Availability of component B)
Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model on a spreadsheet and use Solver to find an optimal solution. Interpret the optimal solution, identify the binding constraints, and verify the values of the slack variables. Maximize Profit = 125 L+ 134 S 19 L+11 S≤ 3000 (Availability of component A) 5 L+9 S≤2500 L≥0 and S≥0 (Availability of component B)
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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![Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both
models use the same electronic components. After reviewing the components required and the profit for each model,
the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced
and S is the number of SpeedBuster models produced. Implement the linear optimization model on a spreadsheet and
use Solver to find an optimal solution. Interpret the optimal solution, identify the binding constraints, and verify the
values of the slack variables.
Maximize Profit = 125 L+ 134 S
19 L+11 S≤ 3000
(Availability of component A)
5 L+9 S≤2500
(Availability of component B)
L≥0 and S≥0
Implement the linear optimization model and find an optimal solution. Interpret the optimal solution.
The optimal solution is to produce LaserStop models and ☐ SpeedBuster models. This solution gives the
possible profit, which is $ ☐ .
(Type integers or decimals rounded to two decimal places as needed.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F152d606a-19d5-42cc-b16b-d3ab7c31caac%2F63aeec7c-c0f5-4b9c-b9c3-88a4d51d12e9%2F33d1f4o_processed.png&w=3840&q=75)
Transcribed Image Text:Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both
models use the same electronic components. After reviewing the components required and the profit for each model,
the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced
and S is the number of SpeedBuster models produced. Implement the linear optimization model on a spreadsheet and
use Solver to find an optimal solution. Interpret the optimal solution, identify the binding constraints, and verify the
values of the slack variables.
Maximize Profit = 125 L+ 134 S
19 L+11 S≤ 3000
(Availability of component A)
5 L+9 S≤2500
(Availability of component B)
L≥0 and S≥0
Implement the linear optimization model and find an optimal solution. Interpret the optimal solution.
The optimal solution is to produce LaserStop models and ☐ SpeedBuster models. This solution gives the
possible profit, which is $ ☐ .
(Type integers or decimals rounded to two decimal places as needed.)
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