Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics (MindTap Course List)
Spreadsheet Modeling & Decision Analysis: A Practical Introduction to Business Analytics (MindTap Course List)
8th Edition
ISBN: 9781305947412
Author: Cliff Ragsdale
Publisher: Cengage Learning
bartleby

Concept explainers

Question
Book Icon
Chapter 3, Problem 35QP

a)

Summary Introduction

To develop: A spreadsheet model and solve using solver.

b)

Summary Introduction

To identify: The optimal solution.

Blurred answer
Students have asked these similar questions
A refinery manufactures two grades of jet fuel, Fl and F2, by blending four types of gasoline, A. B, C, and D. Fuel Fl uses gasolines A. B. C, and D in the ratio 1:1:2:4, and fucl F2 uses the ratio 2:2:1:3. The supply limits for A, B.C, and D are 1000, 1200, 900, and 1500 bbl/day, respectively. The costs per bbl for gasolines A, B, C, and D are $120, $90, $100, and $150, respectively. Fucls Fl and F2 sell for $200 and $250 per bbl, respectively. The minimum demand for F1 and F2 is 200 and 400 bbl/day, respectively. Develop an LP model to determine the optimal production mix for F1 and F2,
Sports of All Sorts produces, distributes, and sells high-quality skateboards. Its supply chain consists of three factories (located in Detroit, Los Angeles, and Austin) that produce skateboards. The Detroit and Los Angeles facilities can produce 350 skateboards per week, but the Austin plant is larger and can produce up to 700 skateboards per week. Skateboards must be shipped from the factories to one of four distribution centers, or DCs (located in Iowa, Maryland, Idaho, and Arkansas). Each distribution center can process (repackage, mark for sale, and ship) at most 500 skateboards per week. Factory/DCs Shipping Costs ($ per skateboard)     Iowa    4     Maryland    5     Idaho    6     Arkansas    7 Detroit    1 25.00 25.00 35.00 40.00 Los Angeles    2 35.00 45.00 35.00 42.50 Austin    3 40.00 40.00 42.50 32.50 Skateboards are then shipped from the distribution centers to retailers. Sports of All Sorts supplies three major U.S. retailers: Just Sports, Sports 'N Stuff,…
Brooks City has three consolidated high schools, each with a capacity of 1,200 students. The school board has partitioned the city into five busing districtsnorth, south, east, west, and centraleach with different high school student populations. The three schools are located in the central, west, and south districts. Some students must be bused outside their districts, and the school board wants to minimize the total bus distance traveled by these students. The average distances from each district to the three schools and the total student population in each district are as follows: The school board wants to determine the number of students to bus from each district to each school to minimize the total busing miles traveled. a. Formulate a linear programming model for this problem. b. Solve the model by using the computer.
Knowledge Booster
Background pattern image
Management
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, management and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Text book image
Practical Management Science
Operations Management
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:Cengage,