Question: Using Excel Solver, solve the following LP problem. Round all answers to two decimal points. MAX: 8X 1 + 3X 2 S.T.: X 2 8

  1. Using Excel Solver, solve the following LP problem. Round all answers to two decimal points.

    MAX: 8X1 + 3X2

    S.T.: X2 8

    8X1 + 5X2 80

    3X1 + 5X2 60

    X1, X2 0

    Obj =

    X1 =

    X2 =

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Using Excel Solver, solve the following LP problem. Round all answers to two decimal points. MAX: 2X 1 + 7X 2 S.T.: 5X 1 + 9X 2 90 9X 1 + 8X 2 144 X 2 8 X 1 , X 2 0 Obj = Blank 1 _________ X 1 =...

Q:

i already found 1 to 3 need your help from 4 to 8 thank you Using excel solver, solve the following LP problem. x1= number of tables to be made x2= number of chairs to be made x3= number of TV-stands...

Q:

Question number 1. Using excel solver, solve the following LP problem. xnumber of tables to be made x2 number of chairs to be made X3 number of TV stands to be made Maximize Profit (Z)=50x +30 x2...

Q:

Question number 7 Using an Excel solver, solve the following LP problem. =number of tables to be made = number of chairs to be made = number of TV stands to be made Maximize Profit (Z) = Subject to...

Q:

Hey, could you please show the answers and how you did/could work the question out. Thanks heaps:)) 3. Solve each of the following equations. a. 9(x - 7) = 82 b. 2(x + 5) = 14 c. 7(a - 1) = 28 d. 4(b...

Q:

The following linear programming problem has been written to plan the production of two products. The company wants to maximize its profits. X = Number of product 1 produced in each batch X = Number...

Q:

2-14: Solve the following LP problem by using Excel: Maximize profit = 4X + 5Y Subject to the constraints: 5X + 2Y 40 3X + 6Y 30 X 7 2X - Y 3 X, Y 0 2-18: Solve the following LP problem by using...

Q:

Question Completion Status: sensivity analysis result - YouTube QUESTION 1 Spley Library echnology Support Grades Consider the following LP problem for all questions: 2 po Classroom ursEval Max...

Q:

1. [-/1 Points] DETAILS SMITHPOW10 6.2.035. Find the circumference of the following figure by using the appropriate formula. (Assume a = 2.80 m. Round your answer to two decimal places.) m + Show My...

Q:

Refer to the Blue ridge hot tubs case. Solve the following LP problem using Solver in Excel and obtain the sensitivity report. Using the sensitivity information, answer the following questions....

Q:

Buffalo Bill has a potato chip company, Buffalos chips. He is currently losing money on every bag of chips he sells. Mrs. Bill, who has just completed an economics class, tells Buffalo Bill he could...

Q:

Stocks too volatile? Bonds too boring? Then try an alternative investmentone you can wear on your wrist. [The] typical return on a watch over five to ten years is roughly 10%. [One could] do better...

Q:

Can you check if my answers are correct thank you please do it fast please.

Q:

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...