Question: please help solve using excel or spreadsheet! Daisy Drugs manufactures two druge 1 and 2 The drugs are produced by blending two chemicals: 1 and

please help solve using excel or spreadsheet! please help solve using excel or spreadsheet!

Daisy Drugs manufactures two druge 1 and 2 The drugs are produced by blending two chemicals: 1 and 2. By weight, drug I must contain at least 65chemical and drug 2 must contain a least 55% chemical 1. Drug 1 solls for So, and drug 2 sells for $4/ Chemicals 1 and 2 can be produced by one of two production processes Running process using 4 hours of skilled labor yields 3 oz of each chemical Running process 2 using 3 hours of skilled labor yields 3 or of chemical and 1 of chemical 2. A total of 120 hours of sted laboris available. Formulate an LP that can be used to maximize Daisy's sales revenue with the following extra requirements Extra Requirement a) Please use the following decision variables to formulate the LP T = the amount of drug i, i=1,2 the amount of chemical contained in drugi.i-1.2.1-1.2 V total times of running process t, 1,2 3; the amount of chemical produced during two processes, j-1,2 Extra Requirement b) Please use Excel solver to solve the LP and fill the following tables with the optimal solution you obtain: X2= V11 V12= V21= V22= Y2= Z: Optimal Value= ya Extra Requirement c) Please print out your Excel spreadsheet and submit

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!