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Question # 3 : A sporting goods company makes basketballs and footballs. Each product is produced from two resources - rubber and leather. The resource
Question #: A sporting goods company makes basketballs and footballs. Each product
is produced from two resources rubber and leather. The resource requirement for
each product and the total resources available are as follows:
Each basketball produced results in a profit of $ and each football earns $ in profit.
a Formulate a LP model to determine the number of basketballs and footballs to
produce in order to maximize profit.
b Solve the model graphically.
c Identify the amount of unused resources at each of the graphical extreme points.
d What would be the effect on the optimal solution if the profit for a basketball
changed from $ to $
e What would be the effect on the optimal solution if the profit for a football
changed from $ to $
f Determine the sensitivity ranges for the available resources using graphical
analysis.
g Solve the problem by Excel Solver. Provide the model, solution and sensitivity
reports.
h Comment on the answer and sensitivity reports, and your solutions in parts af
Question #: Company C produces a chemical mixture for a specific customer in
pound batches. The mixture contains ingredients zinc, mercury and potassium. The
mixture must conform to formula specifications that are supplied by the customer. The
company wants to know the amount of each ingredient it needs to put in the mixture
that will meet all the requirements of the mix and minimize total cost.
The customer has supplied the following formula specifications for each batch of
mixture:
The mixture must contain at least pounds of mercury
The mixture must contain at least pounds of zinc
The mixture must contain at least pounds of potassium
The ratio of potassium to the other two ingredients cannot exceed to
The cost per pound of mercury is $; the cost per pound of zinc, $; and the cost
per pound of potassium, $
a Formulate an LP model for this problem
b Solve model by Excel.
c Comment on the answer and sensitivity reports. please answer all questions and show all answers and graphs clearly and provide the answers in excel file when asked
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