Consider a resource-allocation problem having the following data. Contribution per unit = profit per unit of the
Question:
Consider a resource-allocation problem having the following data.
Contribution per unit = profit per unit of the activity.
a. Formulate a linear programming model for this problem on a spreadsheet.
b. Make five guesses of your own choosing for the optimal solution. Use the spreadsheet to check each one for feasibility and, if feasible, for the value of the objective function. Which feasible guess has the best objective function value?
c. Use Solver to find an optimal solution?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Question Posted: