Business, 02.03.2020 22:00, yves379

You are given the following data for a linear programming problem where the objective is to minimize the cost of conducting two nonnegative activities so as to achieve three benefits that do not fall below their minimum levels.

minimum levels. (20 points)

Resource Resource Usage per Amount of Resource
Unit Produced Available
Product A Product B
x 3 1 40
y 2 5 30
z 10 7 75
Cost per unit $80 $120

(a) Formulate a linear programming model for this problem.
(b) Use the graphical method to solve this model.
(c) Use the spreadsheet to check the following solutions:
(x, y) = (10, 15), (5, 8), (11, 30), (14, 40), (8, 20).
Which of these solutions are feasible? Which of these feasible solutions has the best value of the objective function?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 19:00, 3peak101

Andy purchases only two goods, apples (a) and kumquats (k). he has an income of $125 and can buy apples at $5 per pound and kumquats at $5 per pound. his utility function is u(a, k) = 6a + 2k. what is his marginal utility for apples and his marginal utility for kumquats? andy's marginal utility for apples (mu subscript a) is mu subscript aequals 6 and his marginal utility for kumquats (mu subscript k) is

Answers: 2

continue

Business, 22.06.2019 19:30, hmae2304

Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery

Answers: 3

continue

Business, 22.06.2019 20:00, HahaHELPP

In william rathje's garbology project that focused on household waste, front door interviews found 15 percent of respondents saying that they consumed beer. the trash discard from the same area showed what percentage of household's consuming beer

Answers: 1

continue

Business, 22.06.2019 20:30, bbby2

1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19

Answers: 1

continue

Do you know the correct answer?

You are given the following data for a linear programming problem where the objective is to minimize...