Consider the linear programming formulation below. Minimize cost = 5X + 4Y subject to the constraints 5X

Question:

Consider the linear programming formulation below.

Minimize cost = 5X + 4Y
subject to the constraints

5X + 4Y ≥ 200
4X + 6Y ≥ 360
8X + 4Y ≤ 160
X            ≥ 20
Y            ≤ 50
X, Y        ≥ 0

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

(b) The error can be eliminated by removing one of the constraints. Remove that constraint and resolve the model. What is 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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