Question: A large sporting goods store is placing an order for bicycles with its supplier. Four models can be ordered: the adult Open Trail, the adult
A large sporting goods store is placing an order for bicycles with its supplier. Four models can be ordered: the adult Open Trail, the adult Cityscape, the girls Sea Sprite, and the boys Trail Blazer. It is assumed that every bike ordered will be sold, and their profits, respectively, are $ $ $ and $ The store manager is interested in maximizing profits but there are several conditions to consider.
One of these is the space to hold the inventory. The store has sq ft of space. An adults bike needs two sq ft but a childs bike needs only one sq ft
There are hours of assembly time available. The girls Sea Sprite and the boys Trail Blazer each needs hours of assembly time; the Open Trail needs hours and the Cityscape needs hours per bike.
The store has specified that at least but not more than of the total order should consist of adult bikes.
Furthermore, the manager wants to make sure that at least bikes are ordered.
a Solve a Linear Programming problem to determine how many bikes of each model should be ordered so that the store can make the highest profit.
b Use the Sensitivity Report of Excel Solver to answer the following questions.
Recommend a strategy that will help the store increase profits.
Recommend a strategy that will help the store increase variety in the order mix.
this is a linear programming problem
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