Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the componentsrequired and the profit for each model, the firm found the following linear optimization model for profit, where Lis the number of LaserStop models produced and S is the number of SpeedBustermodels 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 thevalues of the slack variables.Maximize Profit = 125 L + 135 S17 L + 12 S≤ 40005 L +9 S≤ 3500L≥0 and S≥0(Availability of component A)(Availability of component B)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(Type integers or decimals rounded to two decimal places as needed.)possible profit, which is $

Objective function:Maximum profit: Subjected to constraints:where L is the number of LaserStop…

Answered: Valencia Products makes automobile…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A car rental agency rents 300 cars per day at a rate of $55 per day. For each $1 increase in the per-day rate, 3 fewer cars are rented. They want to know what price they should rent at to maximize their revenue. Help them get started by setting up the revenue equation. You do not need to find the optimal price, just set up the revenue equation. Use x as your variable, but in your work be sure to define what a represents. Revenue =
need comprehensive and correct answers.This question is about optimization.
Suppose a furniture builder has two models of a bookcase: standard and artisan. The standard model requires 5 hours to assemble and 1 hours for finishing touches. The artisan model requires 2 hours to assemble and 4 hours for finishing touches. Based on their current staffing, they can manage a maximum number of assembly hours available is 50 per day, and the maximum number of finishing hours available is 64 per day. Let x = the number of standard model bookcases produced per day and y = the number of artisan model bookcases produced per day. Write the system of inequalities that represents the maximum number of bookcases that can be produced in one day. 0 Graph the system of inequalities, remember to include x >0 and y > 0 in your graph to get full credit. You will need to include four lines. 25 24 VI
Yang's Material Company hauls gravel to a construction site, using a small truck and a large truck. The carrying capacity and operating cost per load are given in the accompanying table. Yang must deliver a minimum of 120 cubic yards per day to satisfy his contract with the builder. The union contract with his drivers requires that the total number of loads per day is a minimum of 5. How many loads should be made in each truck per day to minimize the total cost? Capacity (yd³) Cost per Load Small Truck Large Truck 40 30 $90 $72 In order to minimize the total cost, the number of loads in a small truck that should be made is be made is. and the number of loads in a large truck that should
Refer to the production possibilities curves for Chairland and Tableland. Chairland can produce 36 chairs per day and no tables, or 18 tables table per day and no chairs. Tableland can produce 40 chairs per day and no tables, or 40 tables per day and no chairs. If the two countries split the difference between the buyer's willingness to pay for tables and the seller's willingness to accept, in terms of the number of chairs for 1 table, the terms of trade will be . (Enter your response rounded to one decimal place.) Country Quantity per day Opportunity cost of chairs Opportuity cost of tables Tableland 40 chairs, 40 tables 1 table 1 chair Chairland 36 chairs, 18 tables 1/2 table 2 chairs

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