Question: if not possible gurobi, just need formulate mathematical programming model and Excel solver. thanks a lot. A food production and retail chain is considering several
if not possible gurobi, just need formulate mathematical programming model and Excel solver. thanks a lot.
A food production and retail chain is considering several projects that have varying capital requirements over the next 3 years. The projects are (1) possible plant expansion, (2) possible warehouse expansion, (3) possible addition of a transport unit, and (4) possible purchase of new machinery. The estimated net present value for each project, the investment requirements, and the available capital over the next 3 years are shown below. All figures are in million dollars. Proiect Plant 0.30 0.25 0.20 1.0 Capital Available 0.60 0.65 0.40 Warehouse Trans Ma Year 1 (IR) Year 2 (IR) Year 3 (IR 0.15 0.20 0.15 0.60 0.10 0.06 0.08 0.30 0.15 0.12 0.10 0.50 Present Value Formulate a mathematical company by using both Excel Solver and Gurobi. programming model that decides which projects the should choose in order to maximize the total net present value and solve it A food production and retail chain is considering several projects that have varying capital requirements over the next 3 years. The projects are (1) possible plant expansion, (2) possible warehouse expansion, (3) possible addition of a transport unit, and (4) possible purchase of new machinery. The estimated net present value for each project, the investment requirements, and the available capital over the next 3 years are shown below. All figures are in million dollars. Proiect Plant 0.30 0.25 0.20 1.0 Capital Available 0.60 0.65 0.40 Warehouse Trans Ma Year 1 (IR) Year 2 (IR) Year 3 (IR 0.15 0.20 0.15 0.60 0.10 0.06 0.08 0.30 0.15 0.12 0.10 0.50 Present Value Formulate a mathematical company by using both Excel Solver and Gurobi. programming model that decides which projects the should choose in order to maximize the total net present value and solve it
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