Question: Using Excel Analytic Solver: The Weedwacker Company manufactures two types of lawn trimmers: an electric model and a gas model. The company has contracted to
Using Excel Analytic Solver:
The Weedwacker Company manufactures two types of lawn trimmers: an electric model and a gas model. The company has contracted to supply a national discount retail chain with a total of electric trimmers and gas trimmers. However, Weedwacker's production capability is limited in three departments: production, assembly, and packaging. The following table summarizes the hours of processing time available and the processing time required by each department, for both types of trimmers:
tableHours Required per TrimmerElectric,Gas,tableHoursAvailableProductionAssemblyPackaging
The company makes its electric trimmer inhouse for $ and its gas trimmer for $ Alternatively, it can buy electric and gas trimmers from another source for $ and $ respectively. How many gas and electric trimmers should Weedwacker make and how many should it buy from its competitor in order to fulfill its contract in the least costly manner?
a Formulate an LP model for this problem.
b Create a spreadsheet model for this problem and solve it using Solver.
c What is the optimal solution?
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