Question: Just show the sensitivity report for each problem, and develop different models and files for each problem. Link to XLSX format files. Problem 1 :
Just show the sensitivity report for each problem, and develop different models and files for each problem. Link to XLSX format files. Problem : A manager must decide on the mix of products A and B to produce for the coming week, in order to maximize weekly profits. For each unit of Product A it requires processing times of minute for molding and minutes for painting. For each unit of Product B it requires minute for molding, minute for painting, and minute for cutting. Based on the preliminary staff and machine schedules, there will be minutes available for molding, minutes for painting, and minutes for cutting for the coming week. The manager also estimates that the profit margins will be $ per unit of A and $ per unit of B Solve this linear program using Excel Solver and show the sensitivity report, with the calculations as I have shown for the minmax range for the shadow prices. Problem : A refinery procures two types of crude oil: Type A and Type B and processing either type into finished fuel products. Type A costs $ per barrel to procure and costs $ to process per barrel, while Type B costs $ per barrel and costs $ per barrel to process. The refinery produces four end products: Gasoline which sells for $ per barrel, kerosene which sells for $ per barrel, fuel oil which sells for $ per barrel, and residual oil which sells for $ per barrel. Demand for gasoline is barrels per day, kerosene is barrels per day, fuel oil is barrels per day. The refinery suffers from yield loss and for this reason Type A only yields gasoline, kerosene, and fuel oil, while the remaining is residual oil. Type B only yields gasoline, kerosene, and fuel oil, while the remaining is residual oil. Develop a sourcing plan for the refinery to maximize profitsday Profit Revenue raw material cost processing cost. In other words, solve this linear program using Excel Solver and show the sensitivity report. Problem : A company makes two products X and Y using two machines A and BEach unit of X that is produced requires minutes processing time on machine A and minutes processing time on machine B Each unit of Y that is produced requires minutes processing time on machine A and minutes processing time on machine B Available processing time on machine A is forecast to be minutes and on machine B is forecast to be minutes. The demand for X in the current week is forecast to be units and for Y is forecast to be units. Company policy is to maximize the combined sum of the units of X and the units of Y produced each week left over inventory is acceptable Formulate the problem of deciding how much of each product to make in the current week as a linear program. Solve this linear program using Excel Solver and show the sensitivity report.
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