. A chemical company manufactures three chemicals:A, B, and C. These chemicals are produced via twoproduction processes: 1 and 2. Running process 1for an hour costs $400 and yields 300 units of A,100 units of B, and 100 units of C. Running process 2for an hour costs $100 and yields 100 units of A and100 units of B. To meet customer demands, at least1000 units of A, 500 units of B, and 300 units of Cmust be produced daily.a. Use Solver to determine a daily production planthat minimizes the cost of meeting the company’sdaily demands.b. Confirm graphically that the daily production planfrom part a minimizes the cost of meeting thecompany’s daily demands.c. Use SolverTable to see what happens to thedecision variables and the total cost when thehourly processing cost for process 2 increases inincrements of $0.50. How large must this costincrease be before the decision variables change?What happens when it continues to increasebeyond this point?
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