Consider the linear programming formulation below. Maximize profit = 50X + 42Y subject to the constraints 5X

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Consider the linear programming formulation below.

Maximize profit = 50X + 42Y

subject to the constraints

5X − 4Y ≤ 200
X ≤ 60
Y ≥ 10
X, Y ≥ 0

(a) Try to solve the problem in Excel. What error message do you get?

(b) Add a single constraint that would eliminate the error message. What constraint did you add, and what is the value of the optimal solution?

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Managerial Decision Modeling Business Analytics With Spreadsheet

ISBN: 9781501515101

4th Edition

Authors: Nagraj Balakrishnan, Barry Render, Ralph Stair, Charles Munson

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Question Posted: Aug 25, 2021 02:27 AM

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Consider the linear programming formulation below. Maximize profit = 50X + 42Y subject to the constraints 5X

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a The error message received is Solver could not f...View the full answer

Managerial Decision Modeling Business Analytics With Spreadsheet

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