week 7 homework question>>>>>>>>>>>>>xoon only
P8
| Sporting Goods | |||||||||
| (1) | Resource Requirements per Unit | (2) | Resource Requirements per Unit | ||||||
| Product | Rubber (lb.) | Leather (ft2) | Product | Rubber (lb.) | Leather (ft2) | ||||
| Basketball | 3 | 4 | Basketball | 3 | 4 | ||||
| Football | 2 | 5 | Football | 2 | 5 | ||||
| input Constraints | |||||||||
| Total resources available | 500 | 800 | Total resources available | 500 | 800 | ||||
| Basketball | Football | Basketball | Football | ||||||
| Profits ($) | 12 | 16 | Profits ($) | 13 | 15 | ||||
| Basketball | Decision variables | Basketball | |||||||
| Football | Football | ||||||||
| Maximized profits | input Objective function | Maximized profits | |||||||
| (3a) | Resource Requirements per Unit | (3b) | Resource Requirements per Unit | ||||||
| Product | Rubber (lb.) | Leather (ft2) | Product | Rubber (lb.) | Leather (ft2) | ||||
| Basketball | 3 | 4 | Basketball | 3 | 4 | ||||
| Football | 2 | 5 | Football | 2 | 5 | ||||
| input Constraints | |||||||||
| Total resources available | 1000 | 800 | Total resources available | 500 | 1300 | ||||
| Basketball | Football | Basketball | Football | ||||||
| Profits ($) | 12 | 16 | Profits ($) | 12 | 16 | ||||
| Basketball | Decision variables | Basketball | |||||||
| Football | Football | ||||||||
| Maximized profits | input Objective function | Maximized profits | |||||||
| Please use computer method to solve the problem | |||||||||
| Please enter your solution in Yellow cells |
P10
| A & B products | ||||
| Hours/ Unit | ||||
| Product | Line 1 | Line2 | ||
| A | 12 | 4 | ||
| B | 4 | 8 | ||
| Constraints | ||||
| Total Hours | 60 | 40 | ||
| A | B | |||
| Profits ($) | 9 | 7 | ||
| Product A | decision variables | |||
| Product B | ||||
| Maximized profits | Objective function |
P11
| A & B products | ||||||||
| (1) | Hours/ Unit | (2a) | Hours/ Unit | |||||
| Product | Line 1 | Line2 | Product | Line 1 | Line2 | |||
| A | 12 | 4 | A | 12 | 4 | |||
| B | 4 | 8 | B | 4 | 8 | |||
| Constraints | ||||||||
| Total Hours | 40 | 40 | Total Hours | 60 | 40 | |||
| A | B | A | B | |||||
| Profits ($) | 9 | 7 | Profits ($) | 9 | 15 | |||
| Product A | decision variables | Product A | ||||||
| Product B | Product B | |||||||
| Maximized profits | Objective function | Maximized profits | ||||||
| (2b) | Hours/ Unit | |||||||
| Product | Line 1 | Line2 | ||||||
| A | 12 | 4 | ||||||
| B | 4 | 8 | ||||||
| Total Hours | 60 | 40 | ||||||
| A | B | |||||||
| Profits ($) | 9 | 20 | ||||||
| Product A | ||||||||
| Product B | ||||||||
| Maximized profits |
P12
| Please run sensitivity analysis on P10 and enter the results (changes in coefficients of the objective function, and shadow prices) in YELLOW cells | ||||
| Sensitivity analysis | Min | Max | ||
| Product A | Coefficients in the objective function (profits for A and B) | |||
| Product B | ||||
| Shadow price | Additional Profits | |||
| Line 1 | ||||
| Line 2 |
P14
| Irwin textile mills | |||||||||||||
| Corduroy | denim | ||||||||||||
| Profits for each product | 3.1 | 2.25 | |||||||||||
| Resources | Available Resources | Left over | |||||||||||
| Cotton | 7.5 | 5 | <= | 6500 | |||||||||
| Labor | 3.2 | 3 | <= | 3000 | |||||||||
| Demands | |||||||||||||
| Corduroy | <= | 510 | |||||||||||
| denim | <= | 1000000 | |||||||||||
| Maximized profits | |||||||||||||
| Corduroy | denim | Corduroy | denim | ||||||||||
| Profits for each product | 3.1 | 3 | Profits for each product | 4 | 2.25 | ||||||||
| Resources | Available Resources | Resources | Available Resources | ||||||||||
| Cotton | 7.5 | 5 | <= | 6500 | Cotton | 7.5 | 5 | <= | 6500 | ||||
| Labor | 3.2 | 3 | <= | 3000 | Labor | 3.2 | 3 | <= | 3000 | ||||
| Demands | Demands | ||||||||||||
| Corduroy | <= | 510 | Corduroy | <= | 510 | ||||||||
| denim | <= | 1000000 | denim | <= | 1000000 | ||||||||
| Maximized profits | Maximized profits | ||||||||||||
| Corduroy | denim | ||||||||||||
| Profits for each product | 3.1 | 2.25 | |||||||||||
| Resources | Available Resources | ||||||||||||
| Cotton | 7.5 | 5 | <= | 6000 | |||||||||
| Labor | 3.2 | 3 | <= | 3000 | |||||||||
| Demands | |||||||||||||
| Corduroy | <= | 510 | |||||||||||
| denim | <= | 1000000 | |||||||||||
| Maximized profits |
P15
| Please run sensitivity analysis on P14 and answer the following questions. | ||||
| a. If Irwin Mills can obtain additional cotton or processing time, but not both, which should it select? How much? Explain your answer. | ||||
| Answer: | ||||
| a. Identify the sensitivity ranges for the objective function coefficients and for the constraint quantity values. | ||||
| Then explain the sensitivity range for the demand for corduroy. | ||||
| Min | Max | |||
| Corduroy Demand ranges |
P16 & P18
| United Aluminum company | |||||||
| Aluminum Grade | Mill | ||||||
| 1 | 2 | constraints | |||||
| High | 6 | 2 | >= | 12 | |||
| Medium | 2 | 2 | >= | 8 | |||
| Low | 4 | 10 | >= | 5 | |||
| Aluminum Grade | Mill | ||||||
| 1 | 2 | ||||||
| Cost ($) | 6000 | 7000 | |||||
| Mill #1 | |||||||
| Mill #2 | |||||||
| Minimize Cost ($) | |||||||
| a. Identify and explain the shadow prices for each of the aluminum grade contract requirements. | |||||||
| Shadow Price | |||||||
| High | |||||||
| Medium | |||||||
| Low | |||||||
| b. Identify the sensitivity ranges for the objective function coefficients and the constraint quantity values. | |||||||
| Min | Max | ||||||
| Mill #1 | |||||||
| Mill #2 | |||||||
| c. | Aluminum Grade | Mill | |||||
| 1 | 2 | constraints | |||||
| High | 6 | 2 | >= | 20 | |||
| Medium | 2 | 2 | >= | 8 | |||
| Low | 4 | 10 | >= | 5 | |||
| Aluminum Grade | Mill | ||||||
| 1 | 2 | ||||||
| Cost ($) | 6000 | 7000 | |||||
| Mill #1 | |||||||
| Mill #2 | |||||||
| Minimize Cost ($) |
P24
| Burger Doodle franchise | |||||||
| Biscuit | Labor (hr.) | Sausage (lb.) | Ham (lb.) | Flour (lb.) | |||
| Sausage | 0.01 | 0.1 | --- | 0.04 | |||
| Ham | 0.024 | --- | 0.15 | 0.04 | |||
| Constraints | |||||||
| 6 | 30 | 30 | 16 | ||||
| Sausage | Ham | ||||||
| Profits ($) | 0.6 | 0.5 | |||||
| Sausage | |||||||
| Ham | |||||||
| Maximize Profits | |||||||
| a. Identify and explain the shadow prices for each of the resource constraints | |||||||
| Shadow Price | |||||||
| Labor | |||||||
| Sausage | |||||||
| Ham | |||||||
| Flour | |||||||
| b. Which of the resources constrains profit the most? | Answer: | ||||||
| c. Identify the sensitivity ranges for the profit of a sausage biscuit and the amount of sausage available. | |||||||
| Min | Max | ||||||
| Sausage Profits | |||||||
| Sausage amounts |