Question
A company that sells dolls intends to open one or more new stores. Three sites are under consideration. Each site has a somewhat different projected
A company that sells dolls intends to open one or more new stores. Three sites are under consideration. Each site has a somewhat different projected profit contribution and different supervision requirements. The first site has an estimated daily profit of $200 and a weekly supervision requirement of 48 hours. The second site has an estimated daily profit of $100 and a weekly supervision requirement of 30 hours. The third site has an estimated daily profit of $150 and a weekly supervision requirement of 20 hours. The firm will have 65 hours available per week for supervision. Write the formulation (using binary variables) to determine which site or sites should be selected in order to obtain the highest projected daily profit. Set up the problem in Excel and solve using Solver. I'm not being able to enter the word binary in the solver its asking me to enter an amount
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