DSS610Quiz 4 Linear programming(NOTE: There is an Excel Spreadsheet available for these problems but for the ones asking for “Standard Form” hardcopy/manual layout and computation will be...

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DSS610Quiz 4 Linear programming (NOTE: There is an Excel Spreadsheet available for these problems but for the ones asking for “Standard Form” hardcopy/manual layout and computation will be expected besides using the spreadsheet and Solver. But Solver is available for you to use to check your manual answers.) 1. Southern Sporting Good Company makes basketballs and footballs which have profits of $12 and $16 respectively. Each product is produced from two resources rubber and leather. The resource requirements for each product and the total resources available are as follows: Resource Requirements per Unit Product Rubber (lb.) Leather (ft2.) Basketball 3 4 Football 2 5 Total resources available 500 lb. 800 ft2 a. State the optimal solution (standard form) b. What would be the effect on the optimal solution if the profit for a basketball changes from $12 to $13? What would be the effect if the profit for a football changed from $16 to $15? c. What would be the effect on the optimal solution if 500 additional pounds of rubber could be obtained? What would be the effect if 500 additional square feet of leather could be obtained? 2. A company produces two products, A and B, which have profits of $9 and $7, respectively. Each unit of product must be processed on two assembly lines where the required production times are as follows: Hours/Unit Product Line 1 Line 2 A 12 4 B 4 8 Total Hours 60 40 a. Formulate a linear programming model to determine the optimal product mix that will maximize profit. b. Transform this model into standard form. 3. Solve problem 2 using the computer (Solver) a. State the optimal solution b. What would be the effect on the optimal solution if the production time on line 1 was reduced to 40 hours? 4. For the linear programming model formulated in problem 2 and solved in problem 3, answer the following: a. What are the sensitivity ranges for the objective function coefficients? b. Determine the shadow prices for additional hours of production time on line 1 and line 2 hours. 5. Formulate and solve the model for the following problem: (Solver) Irwin Textile Mills produce two types of cotton cloth – denim and corduroy. Corduroy is a heavier grade of cotton cloth and as such requires 7.5 pounds of raw cotton per yard. Whereas denim requires 5 pounds of raw cotton per yard. A yard of corduroy requires 3.2 hours of processing time; a yard of denim requires 3.0 hours. Although the demand for denim is practically unlimited, the maximum demand for corduroy is 510 yards per month. The manufacturer has 6500 pounds of cotton and 3000 hours of processing time available each month. The manufacturer wants to know how many of each type of cloth to produce to maximize profit. Answer the following questions: a. How much extra cotton and processing time are left over at the optimal solution? Is the demand for corduroy met? b. What is the effect on the optimal solution if the profit per yard of denim is increased from $2.25 to $3.00? What is the effect of the profit per yard of corduroy is increased from $3.10 to $4.00? c. What would be the effect on the optimal solution if Irwin Mills could contain only 6000 pound of cotton per month? 6. Continuing the model from problem 5, answer the following: a. If Irwin Mills can obtain additional cotton or processing time, but not both, which should it select? How much? Explain your answer. b. Identify the sensitivity ranges for the objective function coefficients and for the constraint quantity values. Then explain the sensitivity range for the demand for corduroy. 7. United Aluminum Company of Cincinnati produces three grades (high, medium, and low) of aluminum at two mills. Each mill has a different production capacity (in tons per day) for each grade as follows: Aluminum Grade Mill 1 2 High 6 2 Medium 2 2 Low 4 10 The company has contracted with a manufacturing firm to supply at least 12 tons of high-grade aluminum, and 5 tons of low-grade aluminum. It costs United $6000 per day to operate mill 1 and $7000 per day to operate mill 2. The company wants to know the number of days to operate each mill in order to meet the contract at minimum cost. Formulate a linear programming model for this problem in “Standard Form”. 8. Solve the linear programming model formulated in problem 7 by using the computer and answer the following: a. Identify and explain the shadow prices for each of the aluminum grade contract requirements. b. Identify the sensitivity ranges for the objective function coefficients and the constraint quantity values. c. Would the solution values change if the contract requirements for high-grade aluminum were increased from 12 tons to 20 tons? If yes, what would the new solution values be? 9. The manager of a Burger Doodle franchise wants to determine how many sausage biscuits and ham biscuits to prepare each morning for breakfast customers to maximize profit. The two types of biscuits require the following resources: Biscuit Labor (hr.) Sausage (lb.) Ham (lb.) Flour (lb.) Sausage 0.010 0.10 ---- 0.04 Ham 0.024 ---- 0.15 0.04 The franchise has 6 hours of labor available each morning. The manager has a contract with a local grocer for 30 pounds of sausage and 30 pounds of ham each morning. The manager also purchases 16 pounds of flour. The profit for a sausage biscuit is $0.60; the profit for a ham biscuit is $0.50. Formulate a linear programming model for this problem (Solver). 10. Solve the linear programming model developed for problem 9 by using the computer and answer the following questions: a. Identify and explain the shadow process for each of the resource constraints b. Which of the resources constrains profit the most? c. Identify the sensitivity ranges for the profit of a sausage biscuit and the amount of sausage available. Explain these sensitivity ranges. P1 Sporting Goods (a)Resource Requirements per Unit(b-1)Resource Requirements per Unit ProductRubber (lb.)Leather (ft2)ProductRubber (lb.)Leather (ft2) Basketball34Basketball34 Football25Football25 input Constraints Total resources available500800Total resources available500800 BasketballFootballBasketballFootball Profits ($)1216Profits ($)1316 BasketballDecision variablesBasketball FootballFootball Maximized profitsObjective functionMaximized profits (b-2)Resource Requirements per Unit(C-1)Resource Requirements per Unit ProductRubber (lb.)Leather (ft2)ProductRubber (lb.)Leather (ft2) Basketball34Basketball34 Football25Football25 input Constraints Total resources available500800Total resources available1000800 BasketballFootballBasketballFootball Profits ($)1215Profits ($)1216 BasketballDecision variablesBasketball FootballFootball Maximized profitsObjective functionMaximized profits Please use computer method to solve the problem(C-2)Resource Requirements per Unit Please enter your solution in Yellow cellsProductRubber (lb.)Leather (ft2) Basketball34 Football25 Total resources available5001300 BasketballFootball Profits ($)1216 Decision variablesBasketball Football Objective functionMaximized profits P2 A & B products Hours/ Unit ProductLine 1Line2 A124 B48 ConstraintsNote: SUMPRODUCT(Col1, Col2) is a easier way to multiply Total Hours6040two rows or two columns ABStandard Linear Programming:Maximixe 9 * A + 7 * B Profits ($)97Subject to12 * A + 4 * B <= 60="" 4="" *="" a="" +="" 8="" *="" b=""><= 40="" product="" a="" decision="" variables="" a="">= 0 Product BB >= 0 Maximized profitsObjective function P3 A & B products (a)Hours/ Unit(b)Hours/ Unit ProductLine 1Line2ProductLine 1Line2 A124A124 B48B48 Constraints Total Hours6040Total Hours4040 ABAB Profits ($)97Profits ($)97 Product Adecision variablesProduct A Product BProduct B Maximized profitsObjective functionMaximized profits (c-1)Hours/ Unit ProductLine 1Line2 A124 B48 Total Hours6040 AB Profits ($)915 Product A Product B Maximized profits (c-2)Hours/ Unit ProductLine 1Line2 A124 B48 Total Hours6040 AB Profits ($)920 Product A Product B Maximized profits P4 Please run sensitivity analysis on P10 and enter the results (changes in coefficients of the objective function, and shadow prices) in YELLOW cells Sensitivity analysisMin Max Product ACoefficients in the objective function (profits for A and B) Product B Shadow priceAdditional Profits Line 1 Line 2 P5 Irwin textile mills (a)Corduroydenim Profits for each product3.12.25 ResourcesAvailable ResourcesLeft over Cotton7.55<= 6500="" labor="" 3.2="" 3=""><= 3000="" demands="" corduroy=""><= 510="" demand="" met="" denim=""><= 1000000="" unlimited="" maximized="" profits="" (b)="" corduroy="" denim="" corduroy="" denim="" profits="" for="" each="" product="" 3.1="" 3="" profits="" for="" each="" product="" 4="" 2.25="" resources="" available="" resources="" resources="" available="" resources="" cotton="" 7.5="" 5=""><= 6500="" cotton="" 7.5="" 5=""><= 6500="" labor="" 3.2="" 3=""><= 3000="" labor="" 3.2="" 3=""><= 3000="" demands="" demands="" corduroy=""><= 510="" corduroy=""><= 510="" denim=""><= 1000000="" denim=""><= 1000000="" maximized="" profits="" maximized="" profits="" c="" corduroy="" denim="" profits="" for="" each="" product="" 3.1="" 2.25="" resources="" available="" resources="" cotton="" 7.5="" 5=""><= 6000="" labor="" 3.2="" 3=""><= 3000="" demands="" corduroy=""><= 510="" denim=""><= 1000000="" maximized="" profits="" p6="" please="" run="" sensitivity="" analysis="" on="" p5="" and="" answer="" the="" following="" questions.="" a.      ="" if="" irwin="" mills="" can="" obtain="" additional="" cotton="" or="" processing="" time,="" but="" not="" both,="" which="" should="" it="" select?="" how="" much?="" explain="" your="" answer.="" answer:="" b.      ="" identify="" the="" sensitivity="" ranges="" for="" the="" objective="" function="" coefficients="" and="" for="" the="" constraint="" quantity="" values.="" then="" explain="" the="" sensitivity="" range="" for="" the="" demand="" for="" corduroy.="" min="" max="" corduroy="" demand="" ranges="" p7="" &="" p8="" united="" aluminum="" company="" aluminum="" grade="" mill="" 1="" 2="" constraints="" high="" 6="" 2="">=12 Medium22>=8Please note, this constraint is missing in the problem Low410>=5 Aluminum GradeMill 12 Cost ($)60007000 Mill #1 Mill #2 Minimize Cost ($) a.       Identify and explain the shadow prices for each of the aluminum grade contract requirements. Shadow Price High Medium Low b.       Identify the sensitivity ranges for the objective function coefficients and the constraint quantity values. MinMax Mill #1 Mill #2 c.Aluminum GradeMill 12constraints High62>=20 Medium22>=8 Low410>=5 Aluminum GradeMill 12 Cost ($)60007000 Mill #1 Mill #2 Minimize Cost ($) P9 Burger Doodle franchise BiscuitLabor (hr.)Sausage (lb.)Ham (lb.)Flour (lb.) Sausage 0.010.1---0.04 Ham0.024---0.150.04 Constraints 6303016 Sausage Ham Profits ($)0.60.5 Sausage Ham Maximize Profits
Answered Same DayNov 30, 2022

Answer To: DSS610Quiz 4 Linear programming(NOTE: There is an Excel Spreadsheet available for these...

Rochak answered on Nov 30 2022
40 Votes
P1
    Sporting Goods
    (a)        Resource Requirements per Unit                (b-1)        Resource Requirements per Unit
        Product    Rubber (lb.)    Leather (ft2)                Product    Rubber (lb.)    Leather (ft2)
        Basketball    3    4                Basketball    3    4
        Football    2    5                Football    2    5
            320    800    input Constraints                500    800
        Total resources available    500    800                Total resources available    500    800
            Basketball    Football                    Basketball    Football
        Profits ($)    12    16                Profits ($)    13    16
        Basketball    0.00        Decision variables            Basketball    128.57
        Football    160.00                    Football    57.14
        Maximized profits    2560.00        Objective function            Maximized profits    2585.71
    (b-2)        Resource Requirements per Unit                (C-1)        Resource Requirements per Unit
        Product    Rubber (lb.)    Leather (ft2)                Product    Rubber (lb.)    Leather (ft2)
        Basketball    3    4                Basketball    3    4
        Football    2    5                Football    2    5
            320    800    input Constraints                320    800
        Total resources available    500    800                Total resources available    1000    800
            Basketball    Football                    Basketball    Football
        Profits ($)    12    15                Profits ($)    12    16
        Basketball    0.00        Decision variables            Basketball    0.00
        Football    160.00                    Football    160.00
        Maximized profits    2400.00        Objective function            Maximized profits    2560.00
        Please use computer method to solve the problem                    (C-2)        Resource Requirements per Unit
        Please enter your solution in Yellow cells                        Product    Rubber (lb.)    Leather (ft2)
                                Basketball    3    4
                                Football    2    5
                                    500    1250
                                Total resources available    500    1300
                                    Basketball    Football
                                Profits ($)    12    16
                    Decision variables            Basketball    0.00
                                Football    250.00
                    Objective function            Maximized profits    4000.00
P2
    A & B products
            Hours/ Unit
        Product    Line 1    Line2
        A    12    4
        B    4    8
            60    40    Constraints        Note: SUMPRODUCT(Col1, Col2) is a easier way to multiply
        Total Hours    60    40            two rows or two columns
            A    B            Standard Linear Programming:    Maximixe     9 * A + 7 * B
        Profits ($)    9    7                Subject to    12 * A + 4 * B <= 60
                                    4 * A + 8 * B <= 40
        Product A    4        decision variables                A >= 0
        Product B    3                        B >= 0
        Maximized profits    57.00        Objective function
P3
    A & B products
    (a)        Hours/ Unit            (b)        Hours/ Unit
        Product    Line 1    Line2            Product    Line 1    Line2
        A    12    4            A    12    4
        B    4    8            B    4    8
            60    40    Constraints            40    40
        Total Hours    60    40            Total Hours    40    40
            A    B                A    B
        Profits ($)    9    7            Profits ($)    9    7
        Product...
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