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  1. mathematics
  2. statistics
  3. consider the following linear program, which maxim

Consider the following linear program, which maximizes daily total profit for two products, regular (R), and...

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Question

Statistics

Consider the following linear program, which maximizes dailytotal profit for two products, regular (R), and super (S):

MAX Z = 50R + 75S

s.t.

1.2R + 1.6 S ≤ 600 assembly(hours)

0.8R + 0.5 S ≤ 300 paint (hours)

.16R + 0.4 S ≤ 100 inspection(hours)

R, S ≥ 0

Implement the LP problem in a spreadsheet model and invokeSolver to obtain the optimal solution. Use label and formatting toenhance readability of model and Solver reports.

  1. Create spreadsheet model

  1. Invoke Solver to find optimal solution

           

  1. What is the optimal solution?
  2. What is the maximum daily profit?
  3. What resources are binding at optimality?

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