Question: Please follow the below shown method to solve the answer. Below is an example of a similar question which is solved. Solve the following optimization

 Please follow the below shown method to solve the answer. Below

Please follow the below shown method to solve the answer. Below is an example of a similar question which is solved.

is an example of a similar question which is solved. Solve thefollowing optimization problem via Excel SOLVER. Maximize: P = 4x + 3y

Solve the following optimization problem via Excel SOLVER. Maximize: P = 4x + 3y - 2 Subject to constraints: 2x + 2y +z0, y> 0. (Hence z is unrestricted). Initial Table: Variables Values Coefficients x O 4 v O 3 O 1 Profit 0 Constraint x z 1 2 0 -5 1 y 2 4 2 1 Value Limit 0 130 310 0 30 0 100 s/sle 130 -310 -30 -100 0 1 Optimal Table: Variables Values Coefficients 4.285714 25.714286 4 3 70 - 1 Profit 24.286 Constraint z 1 2 X 2 0 -5 1 Value Limit 130 130 312.86 310 30 30 100 s/sle 0 2.85714 0 0 2 3 4 100 Conclusion: Hence: x=4.2857.., y=25.7142.., and z=70 is the optimal solution. Note also that (s1=0, u2=2.8571.., and u3=0). Corresponding optimal value of P is 24.2857. Solve the following optimization problem via Excel SOLVER. Maximize: P = 4x + 3y - 2 Subject to constraints: 2x + 2y +z0, y> 0. (Hence z is unrestricted). Initial Table: Variables Values Coefficients x O 4 v O 3 O 1 Profit 0 Constraint x z 1 2 0 -5 1 y 2 4 2 1 Value Limit 0 130 310 0 30 0 100 s/sle 130 -310 -30 -100 0 1 Optimal Table: Variables Values Coefficients 4.285714 25.714286 4 3 70 - 1 Profit 24.286 Constraint z 1 2 X 2 0 -5 1 Value Limit 130 130 312.86 310 30 30 100 s/sle 0 2.85714 0 0 2 3 4 100 Conclusion: Hence: x=4.2857.., y=25.7142.., and z=70 is the optimal solution. Note also that (s1=0, u2=2.8571.., and u3=0). Corresponding optimal value of P is 24.2857

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