Question: USE SOLVER AND EXCEL TO SOLVE THIS PROBLEM The Riverwood Paneling Company makes two kinds of wood paneling: Colonial and Western. The company has developed
USE SOLVER AND EXCEL TO SOLVE THIS PROBLEM
The Riverwood Paneling Company makes two kinds of wood paneling: Colonial and Western. The company has developed the following nonlinear programming model to determine the optimal number of sheets of Colonial paneling (x1)(x1) and Western paneling (x2)(x2) to produce to maximize profit, subject to a labor constraint:
maximize Z=$25x10.8x21+30x21.2x22subject to x1+2x2=40 hr.maximize Z=$25x10.8x12+30x21.2x22subject to x1+2x2=40 hr.
Determine the optimal solution to this nonlinear programming model.
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