Question: How do you set up Excel to solve the problem as a linear optimization model Davison Electronics manufactures three LED television monitors, identified as Model
How do you set up Excel to solve the problem as a linear optimization model
Davison Electronics manufactures three LED television monitors, identified as Model A, Model B, and Model C. Davison Electronics four manufacturing plants. Each model has its lowest possible production cost when produced at Plant 1. However, Plant 1 does not have the capacity to handle the total production of all three models. As a result, at least some of the production must be routed to the other manufacturing plants. The following table shows the minimum production requirements for next month, the plant capacities in units per month, and the production cost per unit at each plant:
| Model | Production Cost per Unit | Minimum Production Requirements | |||
| Plant 1 | Plant 2 | Plant 3 | Plant 4 | ||
| A | $25 | $28 | $37 | $34 | 48,000 |
| B | $26 | $35 | $36 | $41 | 75,000 |
| C | $20 | $31 | $26 | $23 | 60,000 |
| Production Capacity | 65,000 | 50,000 | 32,000 | 43,000 |
|
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