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Take - Home Individual Midterm Project ( Case 2 ) . ( 1 0 0 p . ) XYZ Ltd produces two popular grades of
TakeHome Individual Midterm Project Case p XYZ Ltd produces two popular grades of commercial carpeting among its many other products. In the coming production period, XYZ needs to decide how many rolls of each grade should be produced in order to maximize total profit. Each roll of Grade X carpet uses units of synthetic fiber, requires hours of production time, and needs units of foam backing. Each roll of Grade Y carpet uses units of synthetic fiber, requires hours of production time, and needs units of foam backing. The profit per roll of Grade X carpet is $ and the profit per roll of Grade Y carpet is $ In the coming production period, XYZ has units of synthetic fiber available for use. Workers have been scheduled to provide at least hours of production time overtime is a possibility The company has units of foam backing available for use. XYZ wants to develop and solve a linear programming model for this problem. Note: Provide your answers in the space indicated below. a p Define the decision variables. b p Define the objective function. c p Define the constraints. d p Solve the LP using Excels solver. i p The solution to the LP is: Fully interpret your answer in pi above. ii p The value of the objective function is: Fully interpret your answer in pii above. iii. p The binding constraints is are: Fully interpret your answer in piii above. iv p The nonbinding constraints is are: Fully interpret your answer in piv above. v p Include two relevant Excels solver printouts Sheet and Answer Report as exhibits at the end of your report. Note: On the Title Page, please provide only your full name Last and First Note: Save everything above as one and only one file in the pdf format and email to me as an attachment no cloud sharing Additional instructions are provided in the Course Syllabus please follow them. Note: Do not attach in your email any additional Excel files they will not be marked.
TakeHome Individual Midterm Project Case p
XYZ Ltd produces two popular grades of commercial carpeting among its many other products. In the coming production period, XYZ needs to decide how many rolls of each grade should be produced in order to maximize total profit. Each roll of Grade X carpet uses units of synthetic fiber, requires hours of production time, and needs units of foam backing. Each roll of Grade Y carpet uses units of synthetic fiber, requires hours of production time, and needs units of foam backing.
The profit per roll of Grade X carpet is $ and the profit per roll of Grade Y carpet is $ In the coming production period, XYZ has units of synthetic fiber available for use. Workers have been scheduled to provide at least hours of production time overtime is a possibility The company has units of foam backing available for use. XYZ wants to develop and solve a linear programming model for this problem.
Note: Provide your answers in the space indicated below.
a p Define the decision variables.
b p Define the objective function.
c p Define the constraints.
d p Solve the LP using Excels solver.
i p The solution to the LP is:
Fully interpret your answer in pi above.
ii p The value of the objective function is:
Fully interpret your answer in pii above.
iii. p The binding constraints is are:
Fully interpret your answer in piii above.
iv p The nonbinding constraints is are:
Fully interpret your answer in piv above.
v p Include two relevant Excels solver printouts Sheet and Answer Report as exhibits at the end of your report.
Note: On the Title Page, please provide only your full name Last and First
Note: Save everything above as one and only one file in the pdf format and email to me as an attachment no cloud sharing Additional instructions are provided in the Course Syllabus please follow them.
Note: Do not attach in your email any additional Excel files they will not be marked.
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