Bellows Lumber Yard, Inc. stocks standard length 25-foot boards, which it cuts to custom lengths to fill

Question:

Bellows Lumber Yard, Inc. stocks standard length 25-foot boards, which it cuts to custom lengths to fill individual customer orders. An order has just come in for 5,000 7-foot boards, 1,200 9-foot boards, and 300 11-foot boards. The lumber yard manager has identified six ways to cut the 25-foot boards to fill this order. The six cutting patterns are summarized in the following table.



Bellows Lumber Yard, Inc. stocks standard length 25-foot boards,


One possibility (cutting pattern 1) is to cut a 25-foot board into three 7-foot boards, and not to cut any 9- or 11-foot boards. Note that cutting pattern 1 uses a total of 21 feet of board and leaves a 4-foot piece of scrap. Another possibility (cutting pattern 4) is to cut a 25-foot board into one 7-foot board and two 9-foot boards (using all 25 feet of the board). The remaining cutting patterns have similar interpretations. The lumber yard manager wants to fill this order using the fewest number of 25-foot boards as possible. To do this, the manager needs to determine how many 25-foot boards to run through each cutting pattern.
a. Formulate an LP model for this problem.
b. Create a spreadsheet model for this problem and solve it using Solver.
c. What is the optimal solution?
d. Suppose the manager wants to minimize waste. Would the solutionchange?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: