Question
Requesting help with understanding how to input the given data in the attached screenshot into a solver parameter. There is a screenshot attached with the
Requesting help with understanding how to input the given data in the attached screenshot into a solver parameter. There is a screenshot attached with the given data and the bolded area are the requirements to put into the solver parameter. I have no clue what to do.
________________________________________________________
Many young people moving into apartments and new homes look forward to the excitement of furniture shopping. These young shoppers are usually interested in cheaper, build yourself furniture, however, many of them are not too handy and the excitement quickly dissipates as they start putting their furniture together. The instructions, even if they are in English, are difficult to understand and the consumer soon realizes that the savings may not be worth the hassle. Built-4-U is an online furniture company that caters to those customers. Built-4-U buys build yourself furniture directly from manufacturers at a discount price, assembles each piece at their warehouse, and then ships directly to their customers. Each customer can order their furniture online without ever having to leave their home or search for the right tool to assemble. Joe Builder, the owner and CEO of Built-4-U, plans to establish their beginning inventory by investing a maximum of $35,000 on 25 popular items. The website for Built-4-U is scheduled to go live shortly and all 4 inventory clerks were advised they might have to work five, 10 hour days prior to the grand opening to assemble this startup inventory. Joe believes he should order no less than 5 and no more than 20 units of each item. In addition, the manufacturer has a minimum truck order of 6,000 pounds. Given the following information, help Joe decide how many units of each item to order.
Plans to establish their beginning inventory by investing a maximum of $35,000 on 25 popular items
Four inventory clerks advised they might have to work five, 10 hour days
Joe believes he should order no less than 5 and no more than 20 units
Minimum truck order of 6,000 pounds
Given the following information, help Joe decide how many units of each item to order.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started