Question
I just need some help on how to get started on formatting this to excel the proper way and then using solver to adjust variables
I just need some help on how to get started on formatting this to excel the proper way and then using solver to adjust variables to get maximum profit. Can someone please help?
Solve the following Linear Programming problem by using the graphical procedure and by using Excel:
Maximize profit = 2X + Y
subject to the constraints
3X + 6Y <= 32
7X + Y <= 20
3X - Y >= 3
X, Y >= 0
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A First Course in Quantitative Finance
Authors: Thomas Mazzoni
1st edition
9781108411431, 978-1108419574
