Required: 3. Identify and explain the shadow prices for each of the resource constraints. 4. Which of the resource constraints profit the most? 5. Identify the sensitivity ranges for the profit of a sausage biscuit and the amount of sausage available. Explain these sensitivity ranges.
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- Case 2: A marketing research professor is conducting a telephone survey and needs to contact atleast 160 wives, 140 husbands, 110 single adult males, and 120 single adult females. It costs $2 tomake a daytime call and $4 (because of higher labor costs) to make an evening call. The table shownbelow lists the expected results. For example, 10% of all daytime calls are answered by a single male,and 15% of all evening calls are answered by a single female. Because of a limited staff, at most halfof all phone calls can be evening calls. Determine how to minimize the cost of completing thesurvey. Percentages Daytime Evening Wife 25% 25% Husband 15% 30% Single male 10% 25% Single female 15% 15% None 35% 5% Develop a Report for the following using the Solver application in Excel 4) Obtain a sensitivity report for the reported solution. Which constraints…Case 2: A marketing research professor is conducting a telephone survey and needs to contact atleast 160 wives, 140 husbands, 110 single adult males, and 120 single adult females. It costs $2 tomake a daytime call and $4 (because of higher labor costs) to make an evening call. The table shownbelow lists the expected results. For example, 10% of all daytime calls are answered by a single male,and 15% of all evening calls are answered by a single female. Because of a limited staff, at most halfof all phone calls can be evening calls. Determine how to minimize the cost of completing thesurvey. Percentages Daytime Evening Wife 25% 25% Husband 15% 30% Single male 10% 25% Single female 15% 15% None 35% 5% Develop a Report for the following using the Solver application on Excel 1) State the decision variables and constraints in this problem. 2) What is…Problem: A farmer is planning to raise wheat and barley. Each acre of wheat yields a profit of $50, and each acre of barley yields a profit of $70. To sow the crop, two machines, a tractor and a tiller are rented. The tractor is available for 150 hours, and the tiller is available for 200 hours. Sowing an acre of wheat requires 4 hours of tractor time and 1 hour of tilling. Sowing an acre of barley requires 3 hours of tractor time and 2 hours of tilling. How many acres of each crop should be planted to maximize the farmer’s profit? (Let W be the number of acres of wheat to be planted, B the number of acres of barley to be planted and P the profit) (a) What is the objective function for the problem? (b) Excluding the non-negative constraint, how many constraints does the problem have? (c) What is the linear programming model of the problem?
- Task 4In this task, you are asked to formulate the linear programming problem below andthen solve it.A carpenter produces Tables (T) and Chairs (C).Each Table unit requires 6kg of wood and 1kg of plastic.Each Chair unit requires 4kg of wood and 4kg of plastic.The carpenter has only 100kg of wood and only 50kg of plastic in stock.On each sale, the carpenter makes a profit of £15 per Table unit sold and a profit of£30 per Chair unit sold.Required:Formulate the Linear Programming problem above by defining the variables,stating the object function and the constraints.You are required to produce the graph for all inequalities (copy image to Word)Find the quantity to make of Tables and Chairs to maximise profit.Problem There are three factories on the Momiss River. Each emits two types of pollutants, labeled P1 and P2, into the river. If the waste from each factory is processed, the pollution in the river can be reduced. It costs $1500 to process a ton of factory 1 waste, and each ton processed reduces the amount of P1 by 0.10 ton and the amount of P2 by 0.45 ton. It costs $1000 to process a ton of factory 2 waste, and each ton processed reduces the amount of P1 by 0.20 ton and the amount of P2 by 0.25 ton. It costs $2000 to process a ton of factory 3 waste, and each ton processed reduces the amount of P1 by 0.40 ton and the amount of P2 by 0.30 ton. The state wants to reduce the amount of P 1in the river by at least 30 tons and the amount of P2 by at least 40 tons. Use Solver to determine how to minimize the cost of reducing pollution by the desired amounts. Use SolverTable to investigate the effects of increases in the minimal reductions required by the state. Specifically, see what…1. Maribel is selling regular and special juices. To make a bottle of regularjuice, she needs 2 pounds of mango and 3 pounds of pineapple. On theother hand, 4 pounds of mango and 2 pounds of pineapple are needed tomake a bottle of special juice. A profit of P30 is made for a bottle of regularjuice and P40 for a bottle of special juice. Maribel is currently has 800pounds of mango and 480 pounds of pineapple. She wants to make at least180 bottles of special juice. How many bottles of each type of juice mustshe make to maximize her profit? How much will be her maximum profit? 2. A calculator company produces a scientific calculator and a graphingcalculator. Long-term projections indicate an expected demand of atleast 100 scientific and 80 graphing calculators each day. Because oflimitations on production capacity, no more than 200 scientificand 170 graphing calculators can be made daily. To satisfy a shippingcontract, a total of at least 200 calculators much be shipped each day. Ifeach…
- Instruction: Formulate the dual problems for X2 the following linear programming model No need to compute/doing a tableau 1. Maximize Z = 2X1 + X2 Subject to: X2 < 10 2X1 + 5X2 < 60 X1 + X2 <18 3X1 + X2 < 44 2. Maximize Z = 2X1 + X2 +3X3 Subject X1 + X2 + 2X3 < 400 2X1 + X2 + X3 < 500 3. Maximize Z = 80X1 + 60X2 Subject X1 + X2 = 200 X1 < 50 X2 > 80develope a space matrix for macdonalds. Below are the instructions. The steps required to develop a SPACE Matrix are as follows: 1. Select a set of variables to define financial position (FP), competitive position (CP), stability position (SP), and industry position (IP). 2. Assign a numerical value ranging from +1 (worst) to +7 (best) to each of the variables that make up the FP and IP dimensions. Assign a numerical value ranging from -1 (best) to -7 (worst) to each of the variables that make up the SP and CP dimensions. On the FP and CP axes, make comparison to competitors. On the IP and SP axes, make comparison to other industries. 3. Compute an average score for FP, CP, IP, and SP by summing the values given to the variables of each dimension and then by dividing by the number of variables included in the respective dimension. 4. Plot the average scores for FP, IP, SP, and CP on the appropriate axis in the SPACE Matrix. 5. Add the two scores on the x-axis and plot the resultant…1. The Munchies Cereal Company makes a cereal from several ingredients. Two of the ingredients, oats and rice, provide vitamins A and B. The company wants to know how many ounces of oats and rice it should include in each box of cereal to meet the minimum requirements of 48 milligrams of vitamin A and 12 milligrams of vitamin B while minimizing cost. An ounce of oats contributes 8 milligrams of vitamin A and 1 milligram of vitamin B, whereas an ounce of rice contributes 6 milligrams of A and 2 milligrams of B. An ounce of oats costs $0.05, and an ounce of rice costs $0.03. Required: a. Formulate a linear programming model for this problem. b. Solve this model by using graphical analysis. c. What would be the effect on the optimal solution if the cost of rice increased from $0.03 per ounce to $0.06 per ounce?
- 21. A linear programming problem has two constraints 2X + 4Y ≤ 100 and 1X + 8Y ≤ 100, plus nonnegativity constraints on X and Y. Which of the following statements about its feasible region is TRUE? Part 2 A. The graphical origin (0, 0) is not in the feasible region. B. The feasible region includes all points that satisfy one constraint, the other, or both. C. The feasible region cannot be determined without knowing whether the problem is to be minimized or maximized. D. The two corner points are (0, 0) and (50, 12.5). E. There are four corner points including (50, 0) and (0, 12.5)1. A city is reviewing the location of its fire stations. The city is made up of a number of neighborhoods, as illustrated in the figure below. A fire station can be placed in any neighborhood. It is able to handle the fires for both its neighborhood and any adjacent neighborhood (any neighborhood with a non-zero border with its home neighborhood). The objective is to minimize the number of fire stations used. Solve this problem. Which neighborhoods will be hosting the firestations?Problem 4-15 (Algorithmic) Seastrand Oil Company produces two grades of gasoline: regular and high octane. Both gasolines are produced by blending two types of crude oil. Although both types of crude oil contain the two important ingredients required to produce both gasolines, the percentage of important ingredients in each type of crude oil differs, as does the cost per gallon. The percentage of ingredients A and B in each type of crude oil and the cost per gallon are shown. Crude Oil Cost Ingredient A Ingredient B 1 $0.15 40% 40% 2 $0.20 70% 10% Each gallon of regular gasoline must contain at least 60% of ingredient A, whereas each gallon of high octane can contain at most 30% of ingredient B. Daily demand for regular and high-octane gasoline is 900,000 and 500,000 gallons, respectively. How many gallons of each type of crude oil should be used in the two gasolines to satisfy daily demand at a minimum cost? Round your answers to the nearest whole number. Round the…