Question: A product mix problem can be solved by linear porgramming model. There are three resources needed for the production. The problem formulation is given: number

A product mix problem can be solved by linear porgramming model. There are three resources needed for the production. The problem formulation is given:

number of skirts produced

number of dresses produced

number of sport coats produced

Maximize: Profit =

Subject to:

using the solver add-on in Excel, solve this problem in Excel and answer the following questions.

  1. what is the highest profit we can get under the optimum solution?

    $620

    $680

    $640

    $600

QUESTION 52

  1. Which constraint is binding constraint?

    sewing only

    cutting and material

    material only

    cutting and sewing

QUESTION 53

  1. Which constraint is non-binding constraint?

    sewing

    cutting

    material

    none of them

QUESTION 54

  1. How many sewing hours were unused under the optimum solution?

    60

    20

    0

    40

QUESTION 55

  1. How many yards of materials were left under the optimum solution?

    60

    40

    20

    0

A product mix problem can be solved by linear
A product mix problem can be solved by linear porgramming model. There are three resources needed for the production. The problem formulation is given: X; - number of skirts produced X; - number of dresses produced X = number of sport coats produced Maximize: Profit = $5X, +$17X, +$30x, Subject to: X; +3X+4X, 5100 (cutting) X; +4X: +6X, 5180 (sewing) X; + X: +4X, 560 (material X. X, and X, 20 014 using the solver add-on in Excel, solve this problem in Excel and answer the following questions

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