Question: Linear programming is a powerful tool that can be used by university administrations to make optimal decisions regarding resource allocation and production planning. In this

Linear programming is a powerful tool that can be used by university administrations to make optimal decisions regarding resource allocation and production planning. In this problem, we consider a linear programming problem faced by the University of Ghana Business School (UGBS) administration. The UGBS offers four main products: undergraduate degrees (x1), graduate degrees (x2), online courses (x3), and professional development programs (x4). Each product has specific requirements in terms of resources, such as faculty, staff, classroom space, technology, and funding. To maximize revenue while managing resources effectively, the UGBS must find the right balance of product offerings. Unit Revenue contributions per each product offering are 100,000,250,000,5,000 and 10,000 for undergraduate degrees, graduate degrees, online courses, and professional development programs , respectively. The UGBS has six resource constraints, namely; faculty, staff, classroom space, technology, funding for scholarships and funding for research. It has the following amount of each of these resources available. Faculty: 100 professors, Staff: 50 administrative staff, Classroom space: 100 classrooms, Technology: 500 computers, Funding for scholarships: GHc1 million, Funding for research: GHc5 million The UGBSs production requirements for each product are: Undergraduate degrees: 4 faculty members, 2 administrative staff, 2 classrooms, 50 computers, GHc20,000 scholarship funding, and GHc100,000 research funding Graduate degrees: 6 faculty members, 4 administrative staff, 3 classrooms, 75 computers, GHc50,000 scholarship funding, and GHc250,000 research funding Online courses: 1 faculty member, 1 administrative staff, 1 classroom, 10 computers, GHc5,000 scholarship funding, and GHc10,000 research funding Professional development programs: 2 faculty members, 1 administrative staff,1 classroom, 7 computers.All answers with decimals must be to 2 decimal placesModel the entire problem with Microsoft Excel Solver and answer the following question. a.State the Non-negativity constraint. Blank 1. Fill in the blank, read surrounding text. , Blank 2. Fill in the blank, read surrounding text. , Blank 3. Fill in the blank, read surrounding text. , Blank 4. Fill in the blank, read surrounding text. . b. What is the objective function value? Blank 5. Fill in the blank, read surrounding text. c. What are the the two optimal solution values? Blank 6. Fill in the blank, read surrounding text. , Blank 7. Fill in the blank, read surrounding text. d. What are the reduced cost values? Blank 8. Fill in the blank, read surrounding text. , Blank 9. Fill in the blank, read surrounding text. e. What is the maximum shadow price value. Blank 10. Fill in the blank, read surrounding text. f. How many binding constraints are in the solution? Blank 11. Fill in the blank, read surrounding text. g. Compute the minimum number of faculty the school is allowed to provide. Blank 12. Fill in the blank, read surrounding text. h. Compute the maximum research funding the school can receive. Blank 13. Fill in the blank, read surrounding text. i. How many non-binding constraints is shown in the sensitivity report? Blank 14. Fill in the blank, read surrounding text. j. Which of the product contributes the highest revenue?

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