Question: PLEASE SHOW EXCEL SOLVER INPUT AND ALL EQUATIONS (High-tech production problem) Quitmeyer Electronics Incorporated manufactures the following six microcomputer peripheral devices: internal modems, external modems,

PLEASE SHOW EXCEL SOLVER INPUT AND ALL EQUATIONS (High-tech production problem) Quitmeyer Electronics Incorporated manufactures the following six microcomputer peripheral devices: internal modems, external modems, graphics circuit boards, CD drives, hard disk drives, and memory expansion boards. Each of these technical products requires time, in minutes, on three types of electronic testing devices, as shown in the table on this page.

PLEASE SHOW EXCEL SOLVER INPUT AND ALL EQUATIONS

The first two test devices are available 120 hours per week. The third (device 3) requires more preventive maintenance and may be used only 100 hours each week. The market for all six computer components is vast, and Quitmeyer Electronics believes that it can sell as many units of each product as it can manufacture. The table that follows summarizes the revenue and material cost for each product

PLEASE SHOW EXCEL SOLVER INPUT AND ALL EQUATIONS

In addition, variable labor costs are $15 per hour for test device 1, $12 per hour for test device 2, and $18 per hour for test device 3. Quitmeyer Electronics wants to maximize its profits.

(a) Formulate this as an LP model problem.

(b) Solve the problem by computer (EXCEL SOLVER). What is the best product mix?

INTERNAL MODEM EXTERNAL MODEM CIRCUIT BOARD CD DRIVE HARD DRIVE MEMORY BOARD 7 3 12 6 18 17 Test device 1 Test device 2 Test device 3 2 5 3 2 15 17 5 1 3 2 9 2 REVENUE PER MATERIAL COST UNIT SOLD ($) PER UNIT ($) DEVICE 200 35 120 25 180 40 Internal modem External modem Graphics circuit board CD drive Hard disk drive Memory expansion board 130 45 430 170 260 60

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