Question: Consider a resource-allocation problem having the following data: Resource Allocation Problem Resource Activity 1 Activity 2 Activity 3 Activity 4 Amount of Resource Available P
Consider a resource-allocation problem having the following data:
| Resource Allocation Problem | |||||
| Resource | Activity 1 | Activity 2 | Activity 3 | Activity 4 | Amount of Resource Available |
| P | 7 | 9 | -2 | 8 | 550 |
| Q | 8 | -1 | 7 | 6 | 450 |
| R | 10 | 7 | 6 | -1 | 550 |
| S | -2 | 6 | 9 | 7 | 450 |
| Profit per unit of the activity | $15 | $13 | $12 | $14 |
|
- Write a mathematical model
- Use Solver to find an optimal solution
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