Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Figure 1 demonstrates an Excel spreadsheet that is used to model the following linear programming problem: Max: 4 X1 + 3 X2 Subject to: 3

image text in transcribed

Figure 1 demonstrates an Excel spreadsheet that is used to model the following linear programming problem:

Max: 4 X1 + 3 X2

Subject to:

3 X1 +5 X2 40

12 X1 + 10 X2 120

X1 15

X1, X2 0

Note: Cells B3 and C3 are the designated cells for the optimal values of X1 and X2, respectively, while cell E4 is the designated cell for the objective function value. Cells D8:D10 designate the left-hand side of the constraints.

Refer to Figure 1. What formula should be entered in cell D9 to compute the amount of resource 2 that is consumed?

a.

=B9*D9 + C9*D9

b.

=SUMPRODUCT(B2:C2,B9:C9)

c.

=SUM(B9:C9)

d.

=SUMPRODUCT(B3:C3,B9:C9

wa lake Tesl: Mid Term Exar"-MSIS e Chegy Sludy | Guided Solu lions https://umb.umassonline.net/webapps/assessment take takejsp?course assessment id= 525631 &course id-502801&content id=28465981&qu ::: Apps Movies | HBO NOW Q (hapter 1-M 210 p Deepankar Adhikari D t, Mail . DAdhikar00. rigure 3Number to Make OBJ. FN. VALUE Unit profit S4 $3 Constraints Used Available 40 120 12 10 0 Figure 1 demonstrates an Excel spreadsheet that is used to model the following linear programming problem Max: 4 X1+3 X2 Subject to 3 X1 +5 X2 40 8:10 AM Type here to search 10/30/2018 19

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Advanced Accounting

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

10th edition

0-07-794127-6, 978-0-07-79412, 978-0077431808

Students also viewed these Finance questions

Question

Create a Fishbone diagram with the problem being coal "mine safety

Answered: 1 week ago