Homework Help is Here – Start Your Trial Now!
Business
Operations Management
Use the following problem statement to answer questions 1-6. Gale wants to determine the values of X1 and X2 to maximize total profit. The two types of biscuits require the following resources: sausage, ham, flour, and labor. The linear model and the sensitivity report are given as below. Round to two decimal places. XI no. of sausage biscuits X2 no. of ham biscuits Max Z-50X1+20X2 CI: X1 +2X2 ≤ 50. Sausage (lb.) C2: 4X1 +4X2 ≤90. Ham (lb.) C3: 2X1 + X2 ≤ 30. Flour (lb.) C4: X1 + X2 ≤ 20. Labor (hr.) CS: X1, X220 Variable Cells Final Cell Name Value $B$3 X1 $C$3 X2 Constraints 15 0 Final Cell Name Value $M$6 C1 SMS7 C2 $M$8 C3 $M$9 C4 15 60 30 15 Reduced Objective Allowable Allowable Cost Coefficient Increase Decrease 1E+30 5 0 -5 Shadow Price 0 0 25 0 50 20 Constraint R.H. Side 50 90 30 20 10 1E+30 Allowable Allowable Increase Decrease 1E+30 1E+30 10 1E+30 35 30 30 5

Use the following problem statement to answer questions 1-6. Gale wants to determine the values of X1 and X2 to maximize total profit. The two types of biscuits require the following resources: sausage, ham, flour, and labor. The linear model and the sensitivity report are given as below. Round to two decimal places. XI no. of sausage biscuits X2 no. of ham biscuits Max Z-50X1+20X2 CI: X1 +2X2 ≤ 50. Sausage (lb.) C2: 4X1 +4X2 ≤90. Ham (lb.) C3: 2X1 + X2 ≤ 30. Flour (lb.) C4: X1 + X2 ≤ 20. Labor (hr.) CS: X1, X220 Variable Cells Final Cell Name Value $B$3 X1 $C$3 X2 Constraints 15 0 Final Cell Name Value $M$6 C1 SMS7 C2 $M$8 C3 $M$9 C4 15 60 30 15 Reduced Objective Allowable Allowable Cost Coefficient Increase Decrease 1E+30 5 0 -5 Shadow Price 0 0 25 0 50 20 Constraint R.H. Side 50 90 30 20 10 1E+30 Allowable Allowable Increase Decrease 1E+30 1E+30 10 1E+30 35 30 30 5

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question
Pls do fast..i will give 3like .solution must be in typed form
Question 3 If he can obtain additional ham and flour, but not both, which one should he select? O ham O flour Question 4 By how much would total profit increase if he could increase the amount of flour from 30 to 35 pounds in C3? O 125 O 10 Question Gale thinks that the profit contribution of Product 2 is too low to make profit. By how much would the profit contribution of Product 2 have to change to make it worthwhile to produce Product 2? 05 00 Question 6 By how much would total profit increase if he could obtain additional two hours of labor in C4? 00 O 30
Transcribed Image Text:Question 3 If he can obtain additional ham and flour, but not both, which one should he select? O ham O flour Question 4 By how much would total profit increase if he could increase the amount of flour from 30 to 35 pounds in C3? O 125 O 10 Question Gale thinks that the profit contribution of Product 2 is too low to make profit. By how much would the profit contribution of Product 2 have to change to make it worthwhile to produce Product 2? 05 00 Question 6 By how much would total profit increase if he could obtain additional two hours of labor in C4? 00 O 30
Question 1 Use the following problem statement to answer questions 1-6. Gale wants to determine the values of X1 and X2 to maximize total profit. The two types of biscuits require the following resources: sausage, ham, flour, and labor. The linear model and the sensitivity report are given as below. Round to two decimal places. XI no. of sausage biscuits X2 no. of ham biscuits Max Z-50X1+ 20X2 C1: X1 + 2X2 ≤50. Sausage (lb.) C2: 4X1 +4X2 ≤90. Ham (lb.) C3: 2X1 + X2 ≤ 30. Flour (lb.) C4: X1 + X2 ≤ 20. Labor (hr.) C5: X1, X220 O flour O labor O Question 2 Variable Cells O 100 00 Cell Name Value $B$3 X1 SC$3 X2 Final Reduced Objective Allowable Allowable Cost Coefficient Increase Decrease 1E+30 5 Constraints 15 0 Final Shadow Price Cell Name Value $M$6 C1 $M$7 C2 $M$8 C3 $M$9 C4 0 -5 15 60 30 15 0 0 25 0 50 20 Which additional resource would you recommend that Gale try to obtain? Constraint Allowable Allowable R.H. Side Increase Decrease 50 90 30 20 1E+30 1E+30 10 10 1E+30 1E+30 By how much would total profit increase if he could increase the amount of ham from 90 to 93 pounds in C2? 35 30 30 5
Transcribed Image Text:Question 1 Use the following problem statement to answer questions 1-6. Gale wants to determine the values of X1 and X2 to maximize total profit. The two types of biscuits require the following resources: sausage, ham, flour, and labor. The linear model and the sensitivity report are given as below. Round to two decimal places. XI no. of sausage biscuits X2 no. of ham biscuits Max Z-50X1+ 20X2 C1: X1 + 2X2 ≤50. Sausage (lb.) C2: 4X1 +4X2 ≤90. Ham (lb.) C3: 2X1 + X2 ≤ 30. Flour (lb.) C4: X1 + X2 ≤ 20. Labor (hr.) C5: X1, X220 O flour O labor O Question 2 Variable Cells O 100 00 Cell Name Value $B$3 X1 SC$3 X2 Final Reduced Objective Allowable Allowable Cost Coefficient Increase Decrease 1E+30 5 Constraints 15 0 Final Shadow Price Cell Name Value $M$6 C1 $M$7 C2 $M$8 C3 $M$9 C4 0 -5 15 60 30 15 0 0 25 0 50 20 Which additional resource would you recommend that Gale try to obtain? Constraint Allowable Allowable R.H. Side Increase Decrease 50 90 30 20 1E+30 1E+30 10 10 1E+30 1E+30 By how much would total profit increase if he could increase the amount of ham from 90 to 93 pounds in C2? 35 30 30 5
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS