You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. Each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† Your mansion has 150 light fittings and 2,900 square feet of uninsulated exterior wall. To impress your friends, you would like to spend as much as possible, but save no more than $900 per year in energy costs (you are proud of your large utility bills). How many compact fluorescent light bulbs and how many square feet of insulation should you purchase? How much will you save in energy costs (in dollars) per year? (If an answer does not exist, enter DNE.)

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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You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. Each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† Your mansion has 150 light fittings and 2,900 square feet of uninsulated exterior wall. To impress your friends, you would like to spend as much as possible, but save no more than $900 per year in energy costs (you are proud of your large utility bills). How many compact fluorescent light bulbs and how many square feet of insulation should you purchase? How much will you save in energy costs (in dollars) per year? (If an answer does not exist, enter DNE.)

 

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Linear programming is one of the mathematical techniques that is widely used by companies. This technique is basically used to get the maximum or minimum of the problems. There are various tools and procedures to use this technique and each of them is used on the basis of different factors. 

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