Question: Problem 2 ( 4 5 pts ) You've looking to create a business manufacturing tablets for children. You want to manufacture low - end and
Problem pts
You've looking to create a business manufacturing tablets for children. You want to manufacture lowend and highend tablets, to ensure you reach a maximum of customers. You expect the demand for types of tablets to be about the same: each month. You have found two potential locations that could manufacture both types of tablets for you: Syracuse, NY and Springfield, MA Each month, the plant in Syracuse has the capacity to produce at most tablets, while the plant in Springfield could produce up to tablets. At the Syracuse plant, one lowend tablet would require hours of skilled labor; a highend tablet would also require hours of skilled labor. At the Springfield plant, one lowend tablet would require hours of skilled labor, while a highend tablet would require hours of skilled labor. Each plant has a capacity of hours of skilled labor. You estimate you could make a profit of $ for each lowend tablet made in Syracuse, $ for each highend tablet made in Syracuse, $ for each lowend tablet made in Springfield, and $ for each highend tablet made in Springfield.
a Formulate a linear program to determine how many of each tablet type should be produced monthly at each plant to maximize profit. Describe in words what each constraint written in the LP represents. pts
b Apply the Simplex method to the LP found in part a through iterations ie tableaus Only for the Simplex method not for Excel Solver: make your demand constraints at most" constraints. pts
c Solve the LP from part a using Excel Solver. Provide a screenshot of the solved LP as well as of the Excel Solver window presolved pts
d You think you may have overestimated the demand for the lowend tablets. Without resolving the LP if the demand for the lowend tablets was by how much will that impact the optimal objective value found in part Explain and show work including screenshots of any reports used pts
e If Syracuse was able to produce tablets more at a higher cost, how much would you be willing to pay for those extra tablets without resolving the LP Explain and show work including screenshots of any reports used pts
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