For a product mix linear programming problem, we use three materials (A, B and C) to make two products (X and Y) to maximize total profit. The following screenshot is the Answer Report generated by Excel. Given above report, which statement is FALSE?
For a product mix linear programming problem, we use three materials (A, B and C) to make two products (X and Y) to maximize total profit. The following screenshot is the Answer Report generated by Excel. Given above report, which statement is FALSE?
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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Question
11.
For a product mix linear programming problem, we use three materials (A, B and C) to make two products (X and Y) to maximize total profit. The following screenshot is the Answer Report generated by Excel.
Given above report, which statement is FALSE?
Select one:
a.
The Material C is used up given the optimal solution.
b.
The optimal solution is making 5 units of Product X only.
c.
The Material B is used up given the optimal solution.
d.
The optimized (maximum) profit is $60.
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