Please show all your work Problem 2 Central Critical Chemical (CCC) manufactures three chemicals: A, B and C. Thesechemicals are produced via two production processes: 1 and 2.• Running process 1 for an hour costs $4 and yields 3 units of A, 1 unit of B, and 1 unit of C.• Running process 2 for an hour costs $1 and yields 2 units of A and 1 unit of B.To meet customer demand, at least 6 units of A, 3 units of B, and 1 unit of C must be produceddaily. Suppose you are asked to formulate an LP model for CCC to determine an optimal dailyproduction plan (i.e., how many hours should CCC run process 1 and how many hours should CCCrun process 2 each day) that minimizes the total cost.(a) Write down LP model and clearly define the decision variables, the objective function, andconstraints.(b) Solve the LP model using the graphical method.(c) Provide a justification on why the divisibility assumption holds for the problem.

To establish the LP model, we would specifically write the decision variables, constraints and the…

(a) Write down LP model and clearly define the decision variables, the objective function, and constraints. (b) Solve the LP model using the graphical method. (c) Provide a justification on why the divisibility assumption holds for the problem.

(a) Write down LP model and clearly define the decision variables, the objective function, and constraints. (b) Solve the LP model using the graphical method. (c) Provide a justification on why the divisibility assumption holds for the problem.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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