Solve the following LP problem by using the graphical procedure and by using Excel: Minimize cost =
Question:
Minimize cost = 4X + 7 Y subject to the constraints
2X + 3y > 60 4X +
2y > 80 X <24
x,y >0
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 63% (11 reviews)
tr msoheightsourceauto col msowidthsourceauto br msodataplacementsamecell style0 msonumberformatGeneral textaligngeneral verticalalignbottom whitespacenowrap msorotate0 msobackgroundsourceauto msopatt...View the full answer
Answered By
Evans Cherono
I am an Information Technology Graduate and willing to work on any computer science or IT work to ensure I do my best all the time.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Managerial Decision Modeling With Spreadsheets
ISBN: 718
3rd Edition
Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair
Question Posted:
Students also viewed these Statistics questions
-
Consider a two-phase system that consists of liquid water in equilibrium with water vapour kept in a constant temperature bath. The volume of the system is increased reversibly, holding T and P...
-
Solve the following LP problem using level curves. MAX: 4X1 + 5X2 Subject to: 2X1 + 3X2 120 4X1 + 3X2 140 X1 + X2 80 X1, X2 0
-
Solve the following LP problem graphically: Minimize cost = 24X + 15Y Subject to: 7X + 11Y 77 16X + 4Y 80 X,Y 0
-
What is the "presentation of self" and why is it important when we are looking at social interaction? explain
-
On January 1, 2016, Hazman Corp. issued $200,000 of 10-year, 6 percent bonds at their face value. Interest is payable on December 31 of each year with the first payment due December 31, 2016....
-
Suppose that y is a random variable having a normal distribution with a mean equal to 250 and a standard deviation equal to 10. a. Show that the event y < 260 has the same probability as z < 1. b....
-
Deep-draft vessel casualties. Economists at the University of New Mexico modeled the number of casualties (deaths or missing persons) experienced by a deep-draft U.S. flag vessel over a three-year...
-
Jen and Barrys Ice Milk Company used cash to purchase a new ice milk mixer on January 1, 2011. The new mixer is estimated to have a 20,000-hour service life. Jen and Barrys depreciates equipment on...
-
What are the key elements of Amazon's strategy in e-commerce, cloud computing services, personal media players, digital media streaming? Are those strategies successful? Are they compatible? Explain
-
SUNY Co. acquired 100% of the common stock of Albany Co. on January 1, 2010 for $600,000 (cash). As of that date, Albany Co. had the following trial balance. Debit Credit Accounts Payable Cr. 60,000...
-
Solve the following LP problem by using the graphical procedure and by using Excel: Maximize profit = 4X + 3y Subject to the constraints 2X + 4y <72 3X + 6y > 27 3x + ioy > 0 x,y >0
-
Solve the following LP problem by using the graphical procedure and by using Excel: Minimize cost = 3X + 7 Y Subject to the constraints 9X + 3y > 36 4X + 5y > 40 x - y < 0 2X <6 x,y >0
-
Statement of Cash Flows (Direct Method) By analyzing the information in E 13-33, prepare a statement of cash flows. Use the direct method to report cash flows from operating activities.
-
Describe in your own words how you would expect the data points on a scatterplot to be distributed if the following features were present (i.e. for each part, explain how the feature would look on a...
-
imagine this experimental setup: One temperature probe is in embedded in a small block of frozen sugar water at -20. The frozen sugar water is in a small test tube The melting/freezing point of this...
-
Question 2: (40 points: 10 each) During September, Sweet Foods manufactures a single product. The Company's material purchases amounted to 9,000 pounds at a price of $9.80 per pound. Actual costs...
-
E12-23 (Algo) (Supplement 12B) Preparing a Statement of Cash Flows, Indirect Method: T-Account Approach [LO 12-S2] Golf Goods Incorporated is a regional and online golf equipment retailer. The...
-
A symmetric compound channel in over bank flow has a main channel with a bottom width of 30 m, side slopes of 1:1, and a flow depth of 3m. The floodplains on either side of the main channel are both...
-
Why might the weights of capital be different depending on whether book values, market values, or target values are used?
-
Sandcastles, Inc.s management has recently been looking at a proposal to purchase a new brick molding machine. With the new machine, the company would not have to buy bricks. The estimated useful...
-
\(U, W, X, Y, Z\) Use your solutions to Exercises \(25-30\) and the brute force method to find a Hamilton cycle of lowest weight to solve the traveling salesperson problem of finding a shortest route...
-
A firm that makes three products and has three machines available as resources constructs the following LP problem: Solve this problem by computer and answer these questions: (a) Before the third...
-
Management analysts at a Fresno laboratory have developed the following LP primal problem: Maximize profit = 23X1 + 18X2 Subject to 8X1 + 4X2 0.5 4X1 + 6X2 115 9X1 + 4X2 116 This model represents...
-
Refer to Problem M7-45. (a) If this is solved with the simplex algorithm, how many constraints and how many variables (including slack, surplus, and artificial variables) would be used? (b) If the...
-
Given that rJ = 6.3%, rRF = 4.1%, and rM = 9.4%, determine the beta coefficient for Stock J that is consistent with equilibrium.
-
Simon Companys year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 33,019 $ 37,839 $ 38,623 Accounts receivable, net 93,822 65,556 54,152 Merchandise inventory 117,963 89,253...
-
PLEASE REFER TO THE 2018 ANNUAL REPORT OF STARBUKS FOR THE YEAR FISCAL YR 2018, ENDING SEPTEMBER 30, 2018. Refer to the management discussion & analysis section and write a one page summary...
Study smarter with the SolutionInn App