A Rhino cement company owns two production plants. Plant 1 costs 20977 per day to operate, and it can produce 330 bags of high-grade cement, 475 bags of medium-grade cement , and 508 bags of low-grade cement each day. Plant 2 is newer and more modern. It costs 22570 per day to operate, and it can produce 435 bags of high-grade cement,271 bags of medium-grade cement, and 274 bags of low-grade cement each day. The company has orders totaling 24539 bags of high-grade cement, 25248 bags of medium-grade cement, and 33749 bags of low-grade cement. How many days should it run each plant to minimize its costs and still produce enough cement to meet its orders? What is the value of the first dual variable? What is the value of the second dual variable? What is the value of the third dual variable? What is the value of dual optimal solution z?
A Rhino cement company owns two production plants. Plant 1 costs 20977 per day to operate, and it can produce 330 bags of high-grade cement, 475 bags of medium-grade cement , and 508 bags of low-grade cement each day. Plant 2 is newer and more modern. It costs 22570 per day to operate, and it can produce 435 bags of high-grade cement,271 bags of medium-grade cement, and 274 bags of low-grade cement each day. The company has orders totaling 24539 bags of high-grade cement, 25248 bags of medium-grade cement, and 33749 bags of low-grade cement. How many days should it run each plant to minimize its costs and still produce enough cement to meet its orders? What is the value of the first dual variable? What is the value of the second dual variable? What is the value of the third dual variable? What is the value of dual optimal solution z?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A Rhino cement company owns two production plants. Plant 1 costs 20977 per day to operate, and it can produce 330 bags of high-grade cement, 475 bags of medium-grade cement , and 508 bags of low-grade cement each day. Plant 2 is newer and more modern. It costs 22570 per day to operate, and it can produce 435 bags of high-grade cement,271 bags of medium-grade cement, and 274 bags of low-grade cement each day. The company has orders totaling 24539 bags of high-grade cement, 25248 bags of medium-grade cement, and 33749 bags of low-grade cement. How many days should it run each plant to minimize its costs and still produce enough cement to meet its orders?
- What is the value of the first dual variable?
- What is the value of the second dual variable?
- What is the value of the third dual variable?
- What is the value of dual optimal solution z?
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