Question: PLEASE ONLY SOLVE IN EXCEL. SHOW ALL FORMULAS FOR ALL VALUES AND SHOW ALL WORK. I WILL PROVIDE A LIKE: Question 3 ( 2 0
PLEASE ONLY SOLVE IN EXCEL. SHOW ALL FORMULAS FOR ALL VALUES AND SHOW ALL WORK. I WILL PROVIDE A LIKE: Question points
The Yeasty Brewing Company Produces a popular local beer known as Iron Stomach.
Beer sales are somewhat seasonal, and Yeasty is planning its production and workforce
levels on March for the next six months. The demand forecasts are as follows:
As of March Yeasty had workers on the payroll. Over a period of working days
when there are workers on the pay roll, Yeasty produced cases of beer. The
cost to hire each worker is $ and the cost of laying off each worker is $ Holding
costs amount to dollar per case per month.
As of March Yeasty expects to have cases of beer in stock. It plans to start
October with cases on hand.
a Formulate the problem of planning Yeasty's production levels as a linear
program. ON EXCEL ONLY
b Use Excel solver to solve the problem and give the solution decision variables
and objective value
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