subject
Business, 06.10.2021 01:00 jdiel14

3.Consider the following linear programming formulation: Decision variables: x, y
Objective function: MIN 5x + 4y
Subject to constraints:
-3x + 2y ≤ 6
3x + y ≤ 3
y ≥ 0

A)Using the graphical procedure, identify the feasible region

B)Identify the coordinates for each of the corner points

C)Find the optimal solution

D)Build an excel model and use solver to verify your answer above. Are you getting the same optimal solution? Submit your excel model

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 06:30
The larger the investment you make, the easier it will be to: get money from other sources. guarantee cash flow. buy insurance. streamline your products.
Answers: 3
question
Business, 22.06.2019 08:00
Lavage rapide is a canadian company that owns and operates a large automatic car wash facility near montreal. the following table provides data concerning the company’s costs: fixed cost per month cost per car washed cleaning supplies $ 0.70 electricity $ 1,400 $ 0.07 maintenance $ 0.15 wages and salaries $ 4,900 $ 0.30 depreciation $ 8,300 rent $ 1,900 administrative expenses $ 1,400 $ 0.03 for example, electricity costs are $1,400 per month plus $0.07 per car washed. the company expects to wash 8,000 cars in august and to collect an average of $6.50 per car washed. the actual operating results for august appear below. lavage rapide income statement for the month ended august 31 actual cars washed 8,100 revenue $ 54,100 expenses: cleaning supplies 6,100 electricity 1,930 maintenance 1,440 wages and salaries 7,660 depreciation 8,300 rent 2,100 administrative expenses 1,540 total expense 29,070 net operating income $ 25,030 required: calculate the company's revenue and spending variances for august.
Answers: 3
question
Business, 22.06.2019 10:50
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
Answers: 2
question
Business, 22.06.2019 12:20
Consider 8.5 percent swiss franc/u.s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00
Answers: 2
You know the right answer?
3.Consider the following linear programming formulation: Decision variables: x, y
Objective...
Questions
question
Mathematics, 04.06.2021 03:30
question
Mathematics, 04.06.2021 03:40
question
Mathematics, 04.06.2021 03:40
question
Mathematics, 04.06.2021 03:40