Маx 45X + 35Y subject to -2X + 5Y > 20 22X – 15Y > -45 | 5X + 2Y 0 Y 2 0 Consider the linear optimization model displayed above. 1. Set-up the model in an Excel spreadsheet. 2. Use the Solver add-in...

16 see pictures to solve
Маx<br>45X + 35Y<br>subject to<br>-2X + 5Y > 20<br>22X – 15Y > -45<br>|<br>5X + 2Y < 55<br>X > 0<br>Y 2 0<br>Consider the linear optimization model displayed above.<br>1. Set-up the model in an Excel spreadsheet.<br>2. Use the Solver add-in to solve for the optimal solution.<br>3. Generate the answer and sensitivity reports from Solver.<br>After solving the problem and generating the Solver reports, answer the following<br>questions:<br>

Extracted text: Маx 45X + 35Y subject to -2X + 5Y > 20 22X – 15Y > -45 | 5X + 2Y < 55="" x=""> 0 Y 2 0 Consider the linear optimization model displayed above. 1. Set-up the model in an Excel spreadsheet. 2. Use the Solver add-in to solve for the optimal solution. 3. Generate the answer and sensitivity reports from Solver. After solving the problem and generating the Solver reports, answer the following questions:
After solving the problem and generating the Solver reports, answer the following<br>questions:<br>a) What is the optimal value of X? (Round to two decimal places.)<br>b) What is the optimal value of Y? (Round to two decimal places.)<br>A/<br>c) What is the value of the objective function at the optimal solution? (Enter the<br>exact answer.)<br>d) Suppose the right-hand side (RHS) of the third constraint could be increased by<br>10. How much will the objective function improve? (Round your answer to the<br>nearest whole number.)<br>A/<br>e) How many of the constraints are binding?<br>

Extracted text: After solving the problem and generating the Solver reports, answer the following questions: a) What is the optimal value of X? (Round to two decimal places.) b) What is the optimal value of Y? (Round to two decimal places.) A/ c) What is the value of the objective function at the optimal solution? (Enter the exact answer.) d) Suppose the right-hand side (RHS) of the third constraint could be increased by 10. How much will the objective function improve? (Round your answer to the nearest whole number.) A/ e) How many of the constraints are binding?

Jun 04, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here