Question: Please solve the nonlinear programming model with the EXCEL solver. Blue Ridge Power Company has a maximum capacity of 2.5 million kilowatt-hours ( kWh )

Please solve the nonlinear programming model with the EXCEL solver. Blue Ridge

Please solve the nonlinear programming model with the EXCEL solver.

Blue Ridge Power Company has a maximum capacity of 2.5 million kilowatt-hours ( kWh ) of electric power available on a daily basis. The demand (in millions of kWh ) for power from its customers for high-demand (peak) hours and low-demand (off-peak) hours is determined by the following formulas: highdemand:lowdemand:5.80.06ph+0.005pl3.00.11pl+0.008ph The variable p1 equals the price per kilowatt-hour during low-demand hours, and is the price per kilowatt-hour during high-demand (peak) hours. Formulate and solve a nonlinear programming model to determine the price structure (per kWh ) that will maximize revenue

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4. Explain the strengths and weaknesses of each approach.

d. Describe any challenges in trying to communicate. If there were no challenges, explain why you think it was so easy.

3. Identify the methods used within each of the three approaches.