Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please give me excel solution not python or another things just excel! The artisans at lewelry function in Phoenix are preparing to make sold jewelry

Please give me excel solution not python or another things just excel! image text in transcribed
The artisans at lewelry function in Phoenix are preparing to make sold jewelry during a 2 -month period for the Christmas season. They can make bracelets, necklaces, and pins. Each bracelet requires 6.3 ounces of gold and 17 hours of labor, each necklace requires 3.9 ounces of gold and 10 hours of Libor, and each pin requires 3.1 ounces of gold and 7 hours of Labor. Jewelry lunction has avallable 125 ounces of gold and 320 hours of labor. A bracelet sells for $1,650, a necklace for $850, and a pin for $790. The store wants to know how many of each item to produce to maximize revenise A. Formulate an integer programming model for this problem. B. Solve this model by using the computer. Compare this xolution with the solution with the integer Festrictions relaxed and indicate whether the roanded-down solution would have bece optimal

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

Economics

Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

18th edition

978-0077413798, 0-07-336880-6, 77413792, 978-0-07-33688, 978-0073375694

Students also viewed these General Management questions