Question in the attached screenshot, please and thank you! ### Transcription and Explanation for Educational Use#### Questions:- Which cells contain the decision variable quantities?- Which cells contain the unit costs for each decision variable?- Which cells contain the constraints?- Which cells contain the objective value?- Is (Activity 1 = 25, Activity 2 = 50, and Activity 3 = 15) a feasible solution?#### Table Overview:**Header Row:** - Columns B, C, and D list three activities: Activity 1, Activity 2, and Activity 3.**Unit Profit Row:**- Row 2 lists the unit profits for each activity: - Activity 1: $20 (Cell B2) - Activity 2: $40 (Cell C2) - Activity 3: $30 (Cell D2)**Resource Usage:**- Rows 5 to 7 detail resources used per unit produced: - Resource 1: (Activity 1: 3, Activity 2: 5, Activity 3: 4) - Resource 2: (Activity 1: 1, Activity 2: 1, Activity 3: 1) - Resource 3: (Activity 1: 3, Activity 2: 3, Activity 3: 2)**Constraints:**- Column E lists total resource usage: - Row 5 to 7 show totals for resources (e.g., 400 for Resource 1).- Column G lists available resources: - Resource 1: 400 units (Row 5) - Resource 2: 100 units (Row 6) - Resource 3: 200 units (Row 7)**Units Produced:**- Row 10 lists decision variable quantities: - Activity 1: 50 units (Cell B10) - Activity 2: 50 units (Cell C10) - Activity 3: 0 units (Cell D10)**Objective Value (Total Cost):**- Cell G10 shows the objective value as Total Cost: $3,000#### Analysis:- **Decision Variables:** - Found in Cells B10, C10, D10- **Unit Costs:** - Cells B2, C2, D2- **Constraints:** - Constraints are in Column E (Cells E5 to E7)- **

Which cells contain the decision variable quantities? Cells ranging from B10 to D10 contain the…

• Which cells contain the decision variable quantities? • Which cells contain the unit costs for each decision variable? • Which cells contain the constraints? • Which cells contain the objective value? • Is (Activity 1 = 25, Activity 2 = 50, and Activity 3 = 15) a feasible solution? B D Activity 2 $40 A ctivity 3 $30 1 Unit Profit Activ ity 1 $20 Resource Available Totals 400 100 200 4 Resource Used per Unit Produced 1 400 100 200 6. 1 1 1 7 1 2 8. Activity 2 50 Activity 1 50 A ctivity 3 Total Cost 10 Units Produced $3,000 4,

• Which cells contain the decision variable quantities? • Which cells contain the unit costs for each decision variable? • Which cells contain the constraints? • Which cells contain the objective value? • Is (Activity 1 = 25, Activity 2 = 50, and Activity 3 = 15) a feasible solution? B D Activity 2 $40 A ctivity 3 $30 1 Unit Profit Activ ity 1 $20 Resource Available Totals 400 100 200 4 Resource Used per Unit Produced 1 400 100 200 6. 1 1 1 7 1 2 8. Activity 2 50 Activity 1 50 A ctivity 3 Total Cost 10 Units Produced $3,000 4,

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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