Assignments Assignment List 10/19/15, 10:02 AM Assignment 7 Assignment 7 DUE: Oct 25, 2015 11:55 PM Grade Details Grade N/A Gradebook Comments None Assignment Details Open Date Oct 19, 2015 12:05 AM Graded? Yes Points Possible 100.0 Resubmissions Allowed? No Attachments checked for originality? Yes Assignment Instructions Solve Problem and Applications: ch 13- prob 7 [Klein Industries manufactures three types of portable air compressors] in page 451 at the end of chapter 13 in your textbook, USA 5th edition. The data is given as part of the question. There is no external data set provided. Use what is given by the problem. 13-7. Klein Industries manufactures three types of portable air compressors: small, medium, and large, which have unit prots of $20.50, $34.00, and $42.00, respectively. The projected monthly sales are: Small Medium Large Minimum 14,000 6,200 2,600 Maximum 21,000 12,500 4,200 The production process consists of three primary activities: bending and forming, welding, and painting. The amount of time in minutes needed to process each product in each department is shown below: Small Medium Large Available Time Bending/forming 0.4 0.7 0.8 23,400 Welding 0.6 1.0 1.2 23,400 Painting 1.4 2.6 3.1 46,800 How many of each type of air compressor should the company produce to maximize prot? a. Formulate and solve a linear optimization model using the auxiliary variable cells method and write a short memo to the production manager explaining the sensitivity information. b. Solve the model without the auxiliary variables and explain the relationship between the reduced costs and the shadow prices found in part a. Solution Tip: You must use Solver tool in Excel. Set your constraints right, and ll in the solver dialogue box properly. Be sure to review links provided in the last lesson, or in one of the announcements in the rst week of class. Here is a You Tube link you could view: http://www.youtube.com/watch?v=Oyc0k9kiD7o Also additional slides to explain basics and a basic example is attached. The example and slides are for demonstration and illustration purpose only to help practice how to use solver tool. Turn It In (TII): TII is integrated in this course which means you will not need your own account for submitting papers. Your faculty https://edge.apus.edu/portal/tool/712146ee-dda3-4fa1-b2ba-75b32c75edec/student-submit/371344 Page 1 of 2 Assignments 10/19/15, 10:02 AM member will decide for each assignment if your paper needs to be submitted to TII. Please submit each assignment only in the Assignments area. Supporting Materials RUBRIC EXAMPLE.xlsx (10 KB) SMDA5 03.ppt (308 KB) Fig3-17.xls (35 KB) Submission To submit your assignment, attach one or more les and then click Submit. Originality of attachments will be veried by Turnitin. Both you and your instructor will receive the results. Attachments No attachments yet Add Attachments Submit Preview Save and Exit Cancel https://edge.apus.edu/portal/tool/712146ee-dda3-4fa1-b2ba-75b32c75edec/student-submit/371344 Page 2 of 2