Consider the linear programming formulation below. Maximize profit = 50X + 42Y subject to the constraints 5X
Question:
Consider the linear programming formulation below.
Maximize profit = 50X + 42Y
subject to the constraints
5X − 4Y ≤ 200
X ≤ 60
Y ≥ 10
X, Y ≥ 0
(a) Try to solve the problem in Excel. What error message do you get?
(b) Add a single constraint that would eliminate the error message. What constraint did you add, and what is the value of the optimal solution?
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a The error message received is Solver could not f...View the full answer
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Managerial Decision Modeling Business Analytics With Spreadsheet
ISBN: 9781501515101
4th Edition
Authors: Nagraj Balakrishnan, Barry Render, Ralph Stair, Charles Munson
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