w = 4y, +8y2 subject to: 6y +Y2 260 15y, +y2 2 105 Y20, y2 20 Use the simplex method to solve. Minimize with The minimum is w = when y, =and y2 = (Simplify your answers.)
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- You want to take out a 450,000 loan on a 20-year mortgage with end-of-month payments. The annual rate of interest is 3%. Twenty years from now, you will need to make a 50,000 ending balloon payment. Because you expect your income to increase, you want to structure the loan so at the beginning of each year, your monthly payments increase by 2%. a. Determine the amount of each years monthly payment. You should use a lookup table to look up each years monthly payment and to look up the year based on the month (e.g., month 13 is year 2, etc.). b. Suppose payment each month is to be the same, and there is no balloon payment. Show that the monthly payment you can calculate from your spreadsheet matches the value given by the Excel PMT function PMT(0.03/12,240, 450000,0,0).Another way to derive a demand function is to break the market into segments and identify a low price, a medium price, and a high price. For each of these prices and market segments, we ask company experts to estimate product demand. Then we use Excels trend curve fitting capabilities to fit a quadratic function that represents that segments demand function. Finally, we add the segment demand curves to derive an aggregate demand curve. Try this procedure for pricing a candy bar. Assume the candy bar costs 0.55 to produce. The company plans to charge between 1.10 and 1.50 for this candy bar. Its marketing department estimates the demands shown in the file P07_47.xlsx (in thousands) in the three regions of the country where the candy bar will be sold. What is the profit-maximizing price, assuming that the same price will be charged in all three regions?We have 60 meters of fence and want to fence a triangular shaped area. Please formulate an NLP (do not try to solve) that will enable us to maximize the fenced area (Hint: The area of a triangle with sides of length a, b, and c is ( s (s – a) (s – b) (s – c))1/2, where s is half the parameter of the triangle).
- Consider the given LP:Maximize z = 4x1 + 6x2 + 8x3Subject to 3x1 + 2x2 + 5x3<= 30 9x1 + 2x2 + 7x3 <= 126 2x1 + 3x2 + x3<= 60 xi>= 01-Find the optimal values of Z, x1, x2, x3 by using the simplex method.3-If the RHS of the constraint 1 is 34 instead of 30, what is the new value of Z?Analyze algebraically what special case in simplex application is present in each of the LP model below. Give an explanation to support your answer. a) Maximize z = 4x1 + 2x2 Subject to: 2x1 - x2 ≤ 2 3x1 - 4x2 ≤ 8 x1, x2 ≥ 0b) Maximize z = 3x1 + 2x2 Subject to: 4x1 - x2 ≤ 8 4x1 + 3x2 ≤ 12 4x1 + x2 ≤ 8 x1, x2 ≥ 0Set up the simplex matrix used to solve the linear programming problem. Assume all variables are nonnegative. Maximize f = 8x + 9y + 3z subject to 2x + 7y + 8z ≤ 100 6x + 3y + z ≤ 160 3x + 4y + 9z ≤ 10 .
- Solve Maximize: Z = 4X1 + 3X2 + 9X3 Subject to: 2X1 + 4X2 + 6X3 ≥ 15 6X1 + X2 + 6X3 ≥ 12 X1, X2, X3 ≥ 0 Use simplex method.Find the values of x1 and x2 where the following two constraints intersect. (Round your answers to 3 decimal places.) (1) 10x1 + 5x2 ≥ 50 (2) 1x1 + 2x2 ≥ 12Use the simplex method to solve. Maximize z = 4x1 + 2x2, subject to 3x1 + x2 < 22 3x1 + 4x2 < 34 x1 > 0, x2 > 0 x1 = x2 = x3 =
- a. Maximize Z = 6X1 + 18X2+20X3 (Don't use excel shortcut solve manually by Simplex LPP method)Sub toX1 + X2 +X3 = 6010X1 +15X2 +20X3 = 9002X1 + 3X2 +3X3≤100And X1, X2, X3 >=0b) Maximize Z = −40X1 −100X2s.t 10X1 + 5X2 ≤ 2502X1 + 5X2 ≤ 1002X1 + 3X2 ≤ 90X1, X2 ≥ 0Solve by simplex method, what are the solutions? Show that this problem hasmultiple solutions and find the solutions?For the products A, B, C, and D, which of the following could be a linear programming objective function? Select one: a. Z = 1A + 2BC + 3D b. Z = 1A + 2AB + 3ABC + 4ABCD c. Z = 1A + 2B + 3C + 4D d. Z = 1A + 2B/C + 3D