Question: Need answers for this linear programming model by Excel solver. Also need sensitivity report: Min. 550S + 425R + 350E S.T. 67,000S + 55,000R +
Need answers for this linear programming model by Excel solver. Also need sensitivity report:
Min. 550S + 425R + 350E
S.T.
67,000S + 55,000R + 46,000E<600,000 Budget
75,000S + 50,000R + 25,000E>550,000 Demand
S+R+E<15 Maximum Vehicles
E<3 Maximum Econo-Tankers
0.5S - 0.5R - 0.5E< Maximum 50% Super Tankers
S, R, E>0
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
