Question: Show me the steps to solve - Using Excel Solver The Porsche Club of America sponsors driver education events that provide high - performance driving
Show me the steps to solve Using Excel Solver
The Porsche Club of America sponsors driver education events that provide highperformance driving instruction on actual racetracks. Because safety is a primary consideration at such events, many owners elect to install roll bars in their cars. Deegan Industries manufactures two types of roll bars for Porsches. Model DRB is bolted to the car using existing holes in the cars frame. Model DRW is a heavier roll bar that must be welded to the cars frame. Model DRB requires pounds of a special highalloy steel, minutes of manufacturing time, and minutes of assembly time. Model DRW requires pounds of the special highalloy steel, minutes of manufacturing time, and minutes of assembly time. Deegans steel supplier indicated that at most pounds of the highalloy steel will be available next quarter. In addition, Deegan estimates that hours of manufacturing time and hours of assembly time will be available next quarter. The profit contributions are $ per unit for model DRB and $ per unit for model DRW The linear programming model for this problem is as follows:
Max DRBDRW
st
DRB DRW Steel Available
DRB DRW Manufacturing Minutes
DRB DRW Assembly Minutes
DRB DRW
A What are the optimal solution and the total profit contribution?
B Another supplier offered to provide Deegan Industries with an additional pounds of the steel alloy at $ per pound. Should Deegan purchase the additional pounds of the steel alloy? Explain.
C Deegan is considering using overtime to increase the available assembly time. What would you advise Deegan to do regarding this option? Explain.
D Because of increased competition, Deegan is considering reducing the price of model DRB such that the new contribution to profit is $ per unit. How would this change in price affect the optimal solution? Explain.
E If the available manufacturing time is increased by hours, will the shadow price for the manufacturing time constraint change? Explain.
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