Each product contains a different amount of two basic raw materials. Raw material 1 costs $0.50 per ounce, and raw material 2 costs $1.50 per ounce. There are 75,000 ounces of raw material 1 and 100,000 ounces of raw material2 available. Requirements(oz/unit) Raw Selling Material 2 Price($/unit Knife Raw Material 1 4 15.00 25.50 1. 14.00 19.50 10 27.00 a. If the objective is to maximize profit, specify the objective function and constraints for the problem. Assume that labor costs are negligible. b. Solve the problem with a computer package, using the simplex method. 28359 26 ABCDE

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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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management sci - linear programming, sensitivity analysis on excel (see pic for details)
Each product contains a different amount of two basic raw materials. Raw material
1 costs $0.50 per ounce, and raw material 2 costs $1.50 per ounce. There are 75,000
ounces of raw material 1 and 100,000 ounces of raw material2 available.
Requirements(oz/unit)
Raw
Material 1
Selling
Material 2 Price($/unit
15.00
Knife
Raw
4,
6.
25.50
14.00
19.50
10
27.00
a. If the objective is to maximize profit, specify the objective function and constraints
for the problem. Assume that labor costs are negligible.
b. Solve the problem with a computer package, using the simplex method.
28359
12/6
ABCDE
Transcribed Image Text:Each product contains a different amount of two basic raw materials. Raw material 1 costs $0.50 per ounce, and raw material 2 costs $1.50 per ounce. There are 75,000 ounces of raw material 1 and 100,000 ounces of raw material2 available. Requirements(oz/unit) Raw Material 1 Selling Material 2 Price($/unit 15.00 Knife Raw 4, 6. 25.50 14.00 19.50 10 27.00 a. If the objective is to maximize profit, specify the objective function and constraints for the problem. Assume that labor costs are negligible. b. Solve the problem with a computer package, using the simplex method. 28359 12/6 ABCDE
Test II. Linear Programming. Read first the given problem then answer each question
corresponding to the solution to linear programming problems.
The Butterfield Company makes a variety of hunting knives. Each knife is processed on four
machines. Following are the processing times required; machine capacities(in hours) are
1500 for machine 1, 1400 for machine 2, 1600 for machine 3, and 1500 for machine 4.
Processing Time(hr)
Machine 2
Knife
Machine 1
Machine 3
Machine 4
0.05
0.15
0.20
0.15
0.10
0.10
0.05
0.10
0.10
0.15
0.05
B
0.05
0.05
0.10
0.20
0.10
0.10
0.10
E.
0.05
0.05
Each product contains a different amount of two basic raw materials, Raw material
1 costs $0.50 per ounce, and raw material 2 costs $1.50 per ounce. There are 75,000
ounces of raw material 1 and 100,000 ounces of raw material2 available.
Requirements(oz/unit)
Raw
Material 1
Knife
Raw
Selling
Material 2 Price($/unit
4
15.00
6.
8.
25.50
1.
2.
19.50
9.
10
27.00
ABUD山
Transcribed Image Text:Test II. Linear Programming. Read first the given problem then answer each question corresponding to the solution to linear programming problems. The Butterfield Company makes a variety of hunting knives. Each knife is processed on four machines. Following are the processing times required; machine capacities(in hours) are 1500 for machine 1, 1400 for machine 2, 1600 for machine 3, and 1500 for machine 4. Processing Time(hr) Machine 2 Knife Machine 1 Machine 3 Machine 4 0.05 0.15 0.20 0.15 0.10 0.10 0.05 0.10 0.10 0.15 0.05 B 0.05 0.05 0.10 0.20 0.10 0.10 0.10 E. 0.05 0.05 Each product contains a different amount of two basic raw materials, Raw material 1 costs $0.50 per ounce, and raw material 2 costs $1.50 per ounce. There are 75,000 ounces of raw material 1 and 100,000 ounces of raw material2 available. Requirements(oz/unit) Raw Material 1 Knife Raw Selling Material 2 Price($/unit 4 15.00 6. 8. 25.50 1. 2. 19.50 9. 10 27.00 ABUD山
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