Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

#5) Solve the following LP *USING EXCEL*a) Write the original optimal solution and objective function value.b) What is the optimal solution and objective function value

#5) Solve the following LP *USING EXCEL*a) Write the original optimal solution and objective function value.b) What is the optimal solution and objective function value if the profit for oak tables increases to $83?c) What is the optimal solution and objective function value if the profit for pine chairs decreases to $13?d) What is the optimal solution and objective function value if the profit for pine tables increases by $20?e) What is the optimal solution and objective function value if the company is required to make at least 20 pine chairs?f) What is the optimal solution and objective function value if the company is required to make no more than 55 cherry chairs?

image text in transcribed
Oak Tables Oak Chairs Cherry Tables Cherry Pine Tables Pine Chairs Chairs Number of Units Maximize 75 35 90 60 45 20 Profit Constraints Labor Hours 7.5 3.5 9.0 6.0 4.5 2.0 S 1000 Oak (lbs.) 200 30 S 2150 Cherry (lbs.) 240 36 S 3800 Pine (Ibs.) 180 27 8500 Minimum Oak | 1 3 Tables Minimum 1 3 Cherry Tables Minimum Oak 1 10 Chairs Minimum 1 2 10 Cherry Chairs Minimum 1 5 Pine Chairs LHS SIGN RHS

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Accounting

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

13th Edition

9780470374948, 470423684, 470374942, 978-0470423684

Students also viewed these Mathematics questions

Question

List one of the facultys publications in APA style.

Answered: 1 week ago

Question

How is the NDAA used to shape defense policies indirectly?

Answered: 1 week ago