Question: Solve the following problem with Excel Solver: ( Leave no cells blank - be certain to enter 0 wherever required. Round your answers
Solve the following problem with Excel Solver: Leave no cells blank be certain to enter wherever required. Round your answers to decimal places.
Minimize ZA BA BA BB
PRODUCT
MACHINE TYPEXXXMilling machineLatheGrinder
The available time in machine hours per week is
MACHINE HOURS PER WEEKMilling machinesLathesGrinders
The salespeople estimate they can sell all the units ofXandXthat can be made. But the sales potential ofXis units per week maximum.
Unit profits for the three products are
UNIT PROFITSX$XX
aSet up the equations that can be solved to maximize the profit per week.Leave no cells blank be certain to enter wherever required.
st
bSolve these equations using the Excel Solver.Round your answers to the nearest whole number.
cHow much of each constraint or resource is unused?Leave no cells blank be certain to enter wherever required. Round your answers to the nearest whole number.
dWould the machines work at capacity?
dWillXbe at maximum sales capacity?
multiple choice
Yes
No
eSuppose that an additional hours per week can be obtained from the milling machines by working overtime. The incremental cost would be $ per hour. What would be the allowable increase from the excel sensitivity report in overtime when compared to additional hours that can be obtained?
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