Develop a linear programming model for this problem indicating what inventory should be selected to maximize profit by using excel.
Develop a linear programming model for this problem indicating what inventory should be selected to maximize profit by using excel.
Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter2: Systems Of Linear Equations
Section2.4: Applications
Problem 26EQ
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Dr. Gurzick owns a computer store and is looking to determine an optimal amount of inventory. He sells laptops, pcs, and tablets.
- each laptop uses 1 processor, 1 hard drive, 3 sticks of ram, and 1 power supply. they sell for 300.
- each pc uses 2 processor, 2 hard drive, 3 sticks of ram, and 1 power supply. they sell for 500.
- each tablet uses 1 processor, 0 hard drives, 2 sticks of ram, and 1 power supply. they sell for 200.
- on hand I have 500 processors, 300 hard drives, 1000 sticks of ram, and 500 power supplies.
Develop a linear programming model for this problem indicating what inventory should be selected to maximize profit by using excel.
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