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PLEASE SOLVE IN EXCEL SPREAD SHEET AND INCLUDE SCREEN SHOT OF SOLVER. ALSO SHOW FORMULAS Consider the problem of Paris Paint presented in Problem 33.
PLEASE SOLVE IN EXCEL SPREAD SHEET AND INCLUDE SCREEN SHOT OF SOLVER. ALSO SHOW FORMULAS
Consider the problem of Paris Paint presented in Problem 33. Suppose that the plant has the capacity to employ a maximum of 370 workers. Suppose that regular-time employee costs are $12.50 per hour. Assume seven-hour days, five-day weeks, and four-week months. Overtime is paid on a time-and-a-half basis. Subcontracting is available at a cost of $7 per gallon of paint produced. Overtime is limited to three hours per employee per day, and no more than 100,000 gallons can be subcontracted in any quarter. Formulate as a linear program. Solve the linear program. Round the variables and determine the cost of the resulting planStep by Step Solution
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