Question: Problem A - 1 ( Algo ) Solve the following problem with Excel Solver: ( Leave no cells blank - be certain to enter
Problem AAlgo
Solve the following problem with Excel Solver: Leave no cells blank be certain to enter O wherever required. Do not round
intermediate calculations. Round your answers to decimal places.
Maximize
Resource A
Resource B
Resource C
Answer is complete and correct.
Answer is complete but not entirely correct.Problem Algo
Plan production for the next year. The demand forecast is: spring, ; summer, ; fall, ; winter, At the beginning
of spring. you have workers and units in inventory. The union contract specifies that you may lay off workers only once a year,
at the beginning of summer. Also, you may hire new workers only at the end of summer to begin regular work in the fall. The number
of workers laid off at the beginning of summer and the number hired at the end of summer should result in planned production levels
for summer and fall that equal the demand forecasts for summer and fall, respectively. If demand exceeds supply, use overtime in
spring only, which means that backorders could occur in winter. You are given these costs: hiring. $ per new worker; layoff, $
per worker laid off; holding. $ per unitquarter; backorder cost, $ per unit; regular time labor, $ per hour; overtime, $ per hour.
Productivity is unit per worker hour, eight hours per day. days per quarter.
Find the total cost of this plan. Note: Hiring expense occurs at beginning of fall.
Note: Leave the cells blank, whenever zero Is requlred.
Answer is not complete.
Answer is not complete.
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