Question: Build the linear programming model in Excel and solve it using Excel Solver. Make sure you follow the color - coding rules learned in class.
Build the linear programming model in Excel and solve it using Excel Solver. Make sure you follow the
colorcoding rules learned in class. Dont forget to include units, proper labeling, etc. Points
b What is the optimal solution? What is the optimal objective value? Explain in words what each of them
means. Points
c Provide the mathematical formulation of this problem. Clearly explain the decision variables, state the
units of each constraint and clearly label your constraints. Make sure your model includes all the required
components of the LP mathematical formulation. Points
d How many decision variables do you have in this problem? How many constraints? Points
e Using your Excel model or by plugging the optimal solution into your constraints answer the following
questions. Which constraints are binding? Which constraints are nonbinding? Explain why; do not just
mention the constraints. Dont forget to include the nonnegativity constraints in your discussions.
Points
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