) Use excel to solve the following linear program. Max. 4X + 5Y s.t 10X + 2Y ≤ 30 3X + 2Y ≤ 12 2X + 2Y ≤ 10 X,Y ≥ 0 a) What is the optimal solution? Give values for all variables. b) What is the objective function value for the optimal solution? c) Submit your excel workbook
Q: What do you mean by continuous improvement? Explain the similarities and dissimilarities between…
A: Quality management is the practice of improving quality using different techniques. Continuous…
Q: a production company that sells two types of gasoline, G1 and G2, from two types of crude oil, C1…
A:
Q: Using the Simple Moving Average OR Weight moving average calculate sales forcast for the next…
A: A 3-period moving average is a type of forecasting technique that can be used to predict the future…
Q: The consumer loan division of a major bank wants to determine the size of the staff it would need to…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: Cost Flow Methods The following three identical units of Item K113 are purchased during April:…
A: Given data is Date Units Cost ($) April 2 1 purchased 205 April 15 1 purchased 207 April…
Q: Calculate Show critical slack float ock / path 7
A: A project might have slack time if the project manager and the team can do something else while…
Q: What are the benefits that Nissan would gain by adopting these additional principles.
A: Developed by Edwards Deming, TQM stands for total quality management. It is a process of continuous…
Q: A swim lane flowchart is an appropriate tool to use when: Question content area bottom Part 1…
A: Swimlanes are geometric objects that you may drag onto your design and arrange in any way. To design…
Q: A Company is in the process of preparing a budget for launching a new product. The following table…
A: NOTE: We are allowed to do one question only. A critical path is a project management technique…
Q: Draw a project network. (Submit a file with a maximum size of 1 MB.) (b) Identify the critical path.…
A: NOTE: We are allowed to do three sub-parts only. The critical Path Method is a project management…
Q: 21. A linear programming problem has two constraints 2X + 4Y ≤ 100 and 1X + 8Y ≤ 100, plus…
A: Given Constraints:2X + 4Y≤1001X + 8Y≤100X,Y≥0 (Non-negativity)
Q: Mr. Stone has recently installed a vending machine outside a local supermarket to sell a new brand…
A: Replenishment rule = every P time period, order T-IP units. T (Target inventory level) = Average…
Q: Holiday Meal Turkey Ranch is considering buying two different types of Turkey feed. Each feed…
A:
Q: analyse the role of operations management capacity planning and control for Ford motors and explain…
A: Capacity planning is the process of forecasting the demand for a product or service and determining…
Q: Based on the critical ratio determined, the company would expect the stockout rate to be % (use the…
A: Here, Given the data, The selling price is 2 per loaf The cost is 0.50 per loaf As there is an 80%…
Q: in a coffe shop, inc
A: The arduous effort of managing a coffee business requires precision, which is the only way to…
Q: (i) Determine the upper and lower control limits for an X-Bar chart and R-chart with a sample size…
A: X-bar chart: The x-bar chart is used to track one variable over time. It can be used for tracking…
Q: 6. The number of defects in a product measures O A. quality of product design. OB. customer…
A: The quality of the product can be defined as the degree to which it meets expectations. It is a…
Q: 6. Marina also wants to insert a PivotTable that includes other Customer information so that she can…
A: The given excel sheet is prepared in excel as follows. Please note that only visible data (up to row…
Q: The meaning of quality management has evolved greatly over the past century. Which of the following…
A: Quality management is the process of identifying customer requirements.
Q: Using the data on call volume in the accompanying table, how would you forecast short-term demand
A: Forecasting is a method that generates precise forecasts of the future direction of trends using…
Q: SKU A B C D E F G Total 12.6 A company wants to store the following seven SKUs so there is a 100%…
A: Given-
Q: 6.- Comfort Zone Furniture has plants in Boston, Dallas and Seattle, which ship their production to…
A: The transportation model is used to calculate the minimum cost of the route by selecting different…
Q: Up, Up, and Away is a producer of kites and wind socks. Relevant data on a bottleneck operation in…
A: Given data: No. of machines = 4 No. of shifts = 2 shifts per day No. of hours in a shift = 8…
Q: Solve the following linear programming problem graphically: Maximize Z=3X+5Y Subject to: 4X+4Y…
A: Given data is Objective function Z=3X+5Y Subject to constraints C1.) 4X+4Y≤48C2.) 1X+2Y≤20C3.)…
Q: Explain how to run a company with good structure and quality management as a operation manager with…
A: The things an operation manager follows to run a company with a good structure are -: 1. To look…
Q: 123 Oil Company manages a refinery in the Gulf of Mexico. The refinery distills crude oil from two…
A: Given data is Crude oil country Kerosene yield Asphalt yield Petroleum yield Waste Cost Purchase…
Q: Use the transportation model to develop the minimum cost production schedule for the products and…
A: Linear programming is a mathematical technique that is also used in operations management…
Q: A firm makes two products, Y and Z. Each unit of Y costs $10 and sells for $40. Each unit of Z costs…
A: A linear programming problem is called a standard maximization if it is needed to find the maximum…
Q: Inventory holding costs include which of the following? a. Physical warehousing charges b.…
A: When a company keeps goods in a warehouse, they usually have to pay a fee known as "inventory…
Q: A coffee manufacturer blends four component coffee beans into three final blends of coffee. The…
A:
Q: Why do you need a good WBS to use project management software? What other types of software can you…
A: A Good WBS could help us with many opportunities, and it would come with detailing all the major…
Q: a. A loan processing operation that processes an average of 7 loans per day. The operation has a…
A: The utilization ratio is the percentage of time that a system is running. The efficiency ratio is…
Q: A renovation of the gift shop at Orlando Amway Center has six activities (in hours). In the…
A: The given data as follows: Activity a m b A 10 15 19 B 28 31 40 C 18 18 18 D 9 13 18 E…
Q: sia Furnishing is a retailer of modular toilet products. Currently, the lead time for one of the…
A:
Q: Niue Vanilla has had two successive years in which the Vanilla bean harvest has stretched the firm’s…
A: The expected value of perfect information is the probability that the decision-maker would choose a…
Q: S and S thester company wabts a 3-month moving average forecast. Ticket sales over the past 3 months…
A: Given data are stated below, Month Ticket sales Month 1 30000 Month 2 40000 Month 3 37500…
Q: Discuss how the Sixty60 service is a logistics link in the value chain of Checkers.
A: Shoprite group has entered into a joint venture with its existing checkers sixty60 logistics…
Q: According to case study above, which strategy is being used by Ikea? Conduct your own research and…
A: IKEA is retailer companies, which deal with the designing and selling of the ready to assembly…
Q: rent capabilities in terms o
A: Input needs, conversion processes, and output are taken into account during production system design…
Q: Which project life cycle model (traditional, agile...) is more appropriate for the public and/or…
A: Traditional project life cycle model is a well defined method in which projects are operated in a…
Q: (a) Formulate a linear programming model for maximizing total profit contribution. (Let Pi = units…
A: As per Bartleby guidelines, we can only solve the first three subparts of one question at a…
Q: ‘Total Quality Management is combination of various principles which are aimed to establish and…
A: Introduction: Total Quality Management (TQM) is an organizational operation management technique…
Q: How many hours should Mary work in each place per week? State verbally the objective, constraints…
A: Steps to solve the graphical problem:- Equalize each constraint and determine the values of x1 and…
Q: What is the break-even quantity? Round your answer to the nearest whole number. units Should the…
A: Production is the process in which inputs are combined to have the required output. It includes a…
Q: 1-What is the difference between qualitative forecasting techniques and quantitative forecasting…
A: Forecasting is the process of identifying trends in order to predict future outcomes. Forecasting is…
Q: A firm is attempting to minimize its shipping costs. The firm has 3 factories and must supply the…
A: Given Data-
Q: Article 1: South African pears will soon be on sale in China for the first time • Consumers in China…
A: Green transport refers to using transportation methods and strategies to reduce the negative impact…
Q: Dr. Lillian Fok, a New Orleans psychologist, specializes in treating patients who are agoraphobic…
A: Linear Regression Year No. of Patients ( X ) Robbery rate ( Y ) 1 37 58.3…
Q: What is the constraint for Dominican beans? Multiple Choice 12A + 8B ≤ 4,800. 8A + 4B ≤…
A: Here, from the given case, I would formulate the LP, this is an optimization problem, the purpose…
) Use excel to solve the following linear program.
Max. 4X + 5Y
s.t
10X + 2Y ≤ 30
3X + 2Y ≤ 12
2X + 2Y ≤ 10
X,Y ≥ 0
a) What is the optimal solution? Give values for all variables.
b) What is the objective function value for the optimal solution?
c) Submit your excel workbook
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 4 images
- Elaborate/ Explain Integer Linear Optimization and put examplesA simplex tableau is shown below. You should complete the tableau and respond to the questions posed. Basis CB cj JIN Cj Zj X1 3 1 X2 4 x3 0 0 5 1/2 0 1 S1 O 1/2 S2 O -1/2 6 -1/4 1 What is the current value of the objective function of the current simplex tableau? (round to 2 decimal places) 3Linear programming a. Change it into real world problem b. Perform the sensitivity analysis both OFC and RHS using Excel Solver C. Draw a conclusion based on your analysis.
- 2. Solve the LP using isocost method. Min Z = 2x + y s.t. x + y ≥5 2x + 6y ≥ 18 3x - y ≥ 3 x-2y ≤4 x, y ≥ 0Can i get help with at least 3-4 questions.... i am running out of tutor questions so doing most questions would really help me out right now Questions? Find the optimal solution and the maximum profit. In which plant there will be idle capacity and how many units (in thousands)? Do alternative optimal solutions exist? Justify your answer. If they exist, use the stepping stone algorithm and find the second optimal solution. Present your analysis in a graphically neat manner. Use any drawing technique you like – just make sure it looks fairly professional. Produce the third optimal solution by taking a combination of 20% of the first optimal solution and 80% of the second one. Attach all relevant exhibits from Excel’s Solver calculations. Use PrintScreen, edit/copy/paste, etc. – whatever you like.19. What combination of x and y will yield the optimum for this problem? Maximize $3x + $15y, subject to (1) 2x + 3y ≤ 12 and (2) 5x + 2y ≤ 10 and (3) x, y ≥ 0. Part 2 A. x = 0, y = 3 B. x = 2, y = 0 C. x = 0, y = 0 D. x = 0, y = 4 E. x = 1, y = 5
- Consider Bruno who manages an underwriting team in an insurance firm. Recently, the management of Bruno’s firm informed him of their decision to create a new risk assessment team, consisting of data scientists with machine learning expertise, and reduce the size of Bruno’s underwriting team. Bruno’s underwriting team will now work with the new risk assessment team in order to determine whether to provide insurance to applicants Use the model of a firm’s technology choice and graphically illustrate the management’s restructuring decision in a diagram with isocost curves. Your diagram should have the amount of human intelligence on the horizontal axis and the amount of artificial intelligence on the vertical axis. Fully label your diagram. Note that there are no actual numbers given in this question: you may make them up or simply use appropriate notations. Briefly explain the key information of your diagram.Simplex Method Example Maximize :P = 4x, + 3x, +2x3 |3x, + 2х, + 5х, < 23 2x, + x, + x, <8 X, + x, + 2x, s7 3x, +2x, +5x, +s, = 23 2x, + x, + X3 +S2 = 8 x, + X, +2x, +s, =7 (- 4x, – 3x, -2x, +P = 0 System: ST : X1, X2, X3 2 0 X2 X3 s, S2 s, P 1 0 0 0| 23 0 1 0 0 23 +3 = 7.6 8+2=(4) 3 2 5 s2 [2] 1 1 8 1 S3 1 2 0 0 1 0 7 7÷1= 7 Р(-4) -3 -2 0 о 01 - 3R, + R, → R, 1 Row Operations:R, → R, - R, + R, → R, and 4R, + R4 → R4 X2 X3 S2 S3 P [o 1/2 7/2 1 -3/2 0 0|11]11+(1/2) = 22 1/2 1/2 0 o 0| 4 4+ (1/2) = 8 X|1 s3 0 {1/2} 3/2 0 -1/2 1 0 3 3-(1/2) = 6 P0 (-1) o 0 X1 enters to become a basic variable, s2 exits to become a nonbasic variable (pivot column identifies the entering variable and pivot row identifies the exiting variable) 1/2 2 0 1 16 R, + R¸ → R, Row Operations: 2R, → R, and R3 + R2 → R, R, + R, → R4 S3 P 1 -1 -1 0 -1 0 X, X2 X3 S, S2 S0 0 Final Tableau x, 1 0 -1 0 2 8 1 1 2 0 6 2 1 22 X2 0 1 3 0 -1 PO 0 3 0 1 X2 enters to become a basic variable, s3 exits to become a nonbasic variable…Next question Use the simplex method to solve the linear programming prob z= 8x1 - 7x2 + 4x3 2x1 Maximize X2 + 8x3 s 40 4x1 - 5x2 + 6x3576 2x1 - 2x2 + 6x3< 32 X120, X2 20, хз 20. subject to Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. A. The maximum is , X2 =, X3 = S2 = and s3 when X1 S1 = B. There is no maximum.
- Consider the following LP problem: Min 6X+ 27Y Subject to : 2 X + 9Y => 25, and X + Y <= 75. Pick a suitable statement for this problem: a. X=37.5, Y=37.5 is the only optimal solution. b. Optimal Obj. function value is 75 c. X = 0, Y = 0 is the only optimal solution. d. Optimal Obj. function value is 0Please help in solving the linear problom. please make it clearWHAT WLL HAPPEN IF THERE IS A CHANGE IS ONE OF THE OBJECTIVE FUNCTION COEFFICIENT? A. SLOPE OF THE OBJECTIVE FUNCTION LINE ALWAYS WILL CHANGE B. OPTIMAL SOLUTION ALWAYS WILL CHANGE C. ONE OR MORE OF THE DECISION VARIABLES ALWAYS WILL CHANGE D. ALL OF THE ABOVE E. NONE OF THE ABOVE