Valencia Products make automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model and find an optimal solution, ensuring that the number of units produced is integer-valued. How much difference is there between the optimal integer solution objective function and the linear optimization solution objective function? Would rounding the continuous solution have provided the optimal integer solution? Maximize Profit=123 L + 138 S 18 L+11 Ss3000 5L+9 S≤2500 L20 and S20 (Component A) (Component B) (Nonnegativity) The optimal integer solution is to produce 0 LaserStop and 272 SpeedBuster. This solution gives the maximum possible profit, which is $ 37,536. (Round to the nearest whole number as needed.) The absolute value of the difference between the optimal integer solution objective function and the linear optimization have provided the optimal integer solution objective function is $. Rounding the continuous solution solution. (Type integers or decimals rounded to two decimal places as needed would not would

Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model on a spreadsheet and use Solver to find an optimal solution. Interpret the optimal solution, identify the binding constraints, and verify the values of the slack variables. Maximize Profit = 123 L+ 139 S 18 L 11 S≤ 3000 5 L+9 S≤2500 L≥ 0 and S≥ 0 (Availability of component A) (Availability of component B) Implement the linear optimization model and find an optimal solution. Interpret the optimal solution. The optimal solution is to produce LaserStop models and possible profit, SpeedBuster models. This solution gives the which is $ (Type integers or decimals…

Consider the following hypothetical scenario. ABC Computer Company has a ₹1.4 billion (Indian rupees) factory in Bangalore, India. During the current year, ABC builds ₹140 million worth of computer components. ABC’s costs for labour are ₹70 million; interest on debt, ₹7 million; and taxes, ₹14 million. ABC sells all its output to XYZ Supercomputer. Using ABC’s components, XYZ builds four super-computers at a cost of ₹56 million each (components worth ₹35 million, labour costs of ₹14 million, and ₹7 million in taxes per computer). XYZ has a ₹2.1 billion factory. XYZ sells three of the supercomputers for ₹70 million each. At year’s end, it had not sold the fourth. The unsold computer is carried on XYZ’s books as a ₹56 million increase in inventory. a. Calculate the contributions to GDP of these transactions, showing that all three approaches give the same answer. b. Repeat part a above, but now assume that, in addition to its other costs, ABC paid ₹35 million for…

operations management

Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering mass producing the dolls to sell in stores. He estimates that the initial investment for plant and equipment will be  $10,000, while labor, material, packaging, and shipping will be about $8 per doll. He has determined that monthly sales volume is related to price, according to the following equation: v=5000-90p. Develop the nonlinear profit function as a function of price.