Flair Furniture
Example 7-14
The Electrocomp Corporation
(Example 7-14)
Decision Variables:
A/C Fans
A F
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Wiring hours
Drilling hours
Example 7-15(a)
The Electrocomp Corporation
(Example 7-15a)
Decision Variables:
A/C Fans
A F
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Wiring hours
Drilling hours
Min. Air Conditioners
Max. Fans
Example 7-15(b)
The Electrocomp Corporation
(Example 7-15b)
Decision Variables:
A/C Fans
A F
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Wiring hours
Drilling hours
Min. Air Conditioners
Max. Fans
Example 7-17
The Outdoor Furniture Corporation
(Example 7-17)
Decision Variables:
Benches Picnic Tables
B P
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Max. Labor Hours
Max. Redwood Materials
Example 7-24 (Investments)
Blank, Leibowitz, and Weinberger Investments
Decision Variables:
Louisiana Gas Trimex Insulation
and Power (L) Co. (T)
Amount Invested =
Objective Function:
Minimize Cost =
Constraints:
LHS RHS
Min. Short-Term Appreciation
Min. Intermediate Growth
Min. Dividend Income
Ex XXXXXXXXXXWoofer Pet Foods)
Woofer Pet Foods
Decision Variables:
Beef Grain
B G
Number of pounds =
Objective Function:
Minimize Cost =
Constraints:
LHS RHS
Min. Vitamin 1
Min. Vitamin 2
1 Pound Dog Food
Example 7-40
The Weinberger Electronics Corporation
(Example 7-40)
Decision Variables:
XJ201 XM897 TR29 BR788
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Max. Wiring Hours
Max. Drilling Hours
Max. Assembly Hours
Max. Inspection Hours
Min. Production XJ201
Min. Production XM897
Min. Production TR29
Min. Production BR788
Sheet1
Here are the questions and the solutions. I just need you to do the excel file. I have included some pictures
Problem 7-14
7-14 The Electrocomp Corporation manufactures two electrical
products: air conditioners and large fans. The assembly
process for each is similar in that both require a certain amount of wiring and drilling. Each air conditioner takes 3 hours of wiring and 2 hours of drilling.
Each fan must go through 2 hours of wiring and 1 hour of drilling. During the next production period, 240 hours of wiring time are available and up to 140 hours of drilling time may be used. Each air conditioner sold
yields a profit of $25. Each fan assembled may be sold
for a $15 profit. Formulate and solve this LP production
mix situation to find the best combination of ai
conditioners and fans that yields the highest profit.
Use the corner point graphical appro
Answers: 40 air conditioners; 60 fans; Maximum Profit = $1,900
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Problem 7-15 (a,b)
7-15 Electrocomp�s management realizes that it forgot to
include two critical constraints (see Problem 7-14).
In particular, management decides that there should be a
minimum number of air conditioners produced in order to fulfill a contract.
Also, due to an oversupply of fans in the preceding period, a limit should be placed on the total number of fans produced.
(a) If Electrocomp decides that at least 20 air conditioners
should be produced but no more than 80
fans should be produced, what would be the optimal
solution? How much slack is there for each
of the four constraints?
(b) If Electrocomp decides that at least 30 air conditioners
should be produced but no more than
50 fans should be produced, what would be
the optimal solution? How much slack is there
for each of the four constraints at the optimal
solution?
Answers:
(a) 40 air conditioners; 60 fans; Maximum Profit = $1,900
(b) 45 air conditioners; 50 fans; Maximum Profit = $1,875
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Problem 7-17
· Similar to Flair Furniture
· Answers: 262.5 benches; 25 tables; Maximum Profit = $2,862.50
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Problem 7-24
· Answers: Louisiana Gas and Power = $1,358.70; Trimex Insulation Company = $1,820.65; Short-term growth = $926.09; Intermediate-term growth = $5,000; Dividends = $200; Minimum Costs = $3,179
· Given:
· X = $ invested in Louisiana Gas and powe
· Y = $ invested in Trimax insulation Co
· (a) Minimize total investment
· Objective function:
· Minimize Z = X+Y
· Subject to:
· Short term growth potential: 0.36X + 0.24Y ≥ 720
· Intermediate Growth potential: 1.67X + 1.50Y ≥ 5000
· Dividend rate Potential: 0.04X + 0.08Y ≥ 200
· X, Y ≥ 0
· (b) Excel Solver and Sensitivity report:
· Build the model as shown below.
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Problem 7-25
ISM 6407 Fall 2009
7-25 Woofer Pet Foods produces a low-calorie dog food for overweight dogs. This product is made
from beef products and grain. Each pound of beef costs $0.90, and each pound of grain costs
$0.60. A pound of the dog food must contain at least 9 units of Vitamin 1 and 10 units of
Vitamin 2. A pound of beef contains 10 units of Vitamin 1 and 12 units of Vitamin 2. A pound of
grain contains 6 units of Vitamin 1 and 9 units of Vitamin 2. Formulate this as an LP problem to
minimize the cost of the dog food. How many pounds of beef and grain should be included in
each pound of dog food? What is the cost and vitamin content of the final product?
Let X
1
= the number of pounds of beef in each pound of dog food
X
2
= the number of pounds of grain in each pound of dog food
Minimize .90X
1
+ .60X
2
(minimize cost per pound of dog food)
Subject to: X
1
+ X
2
= 1 (total weight should be one pound)
10X
1
+ 6X
2
≥ 9 (at least 9 units of vitamin 1 in a pound)
12X
1
+ 9X
2
≥ 10 (at least 10 units of vitamin 2 in a pound)
X
1
, X
2
≥ 0 (non-negativity constraints)
Optimal Solution: X
1
= .75 X
2
= .25 Cost = $.825
7-25 Woofer Pet Foods produces a low-calorie dog food for overweight dogs. This product is made
from beef products and grain. Each pound of beef costs $0.90, and each pound of grain costs
$0.60. A pound of the dog food must contain at least 9 units of Vitamin 1 and 10 units of
Vitamin 2. A pound of beef contains 10 units of Vitamin 1 and 12 units of Vitamin 2. A pound of
grain contains 6 units of Vitamin 1 and 9 units of Vitamin 2. Formulate this as an LP problem to
minimize the cost of the dog food. How many pounds of beef and grain should be included in
each pound of dog food? What is the cost and vitamin content of the final product?
Let X
1
= the number of pounds of beef in each pound of dog food
X
2
= the number of pounds of grain in each pound of dog food
Minimize .90X
1
+ .60X
2
(minimize cost per pound of dog food)
Subject to: X
1
+ X
2
= 1 (total weight should be one pound)
10X
1
+ 6X
2
≥ 9 (at least 9 units of vitamin 1 in a pound)
12X
1
+ 9X
2
≥ 10 (at least 10 units of vitamin 2 in a pound)
X
1
, X
2
≥ 0 (non-negativity constraints)
Optimal Solution: X
1
= .75 X
2
= .25 Cost = $.825
7-25 Woofer Pet Foods produces a low-calorie dog food for overweight dogs. This product is made from beef products and grain. Each pound of beef costs $0.90, and each pound of grain costs $0.60. A pound of the dog food must contain at least 9 units of Vitamin 1 and 10 units of Vitamin 2. A pound of beef contains 10 units of Vitamin 1 and 12 units of Vitamin 2. A pound ofgrain contains 6 units of Vitamin 1 and 9 units of Vitamin 2. Formulate this as an LP problem to minimize the cost of the dog food. How many pounds of beef and grain should be included in each pound of dog food? What is the cost and vitamin content of the final product?
· Similar to Holiday Meal Turkey Ranch
· NOTE: The constraint that calls for a total of 1 pound of dog food suggests that you should get "1 pound" when you add up the total number of pounds of beef and grain (i.e., 1*B + 1*G = 1).
· Answers: Beef = 0.75 pounds; Grain = 0.25 pounds; Vitamin 1 = 9 units; Vitamin 2 = 11.25 units; Minimum Cost = $0.825
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Let X1 = the number of pounds of beef in each pound of dog foodX2 = the number of pounds of grain in each pound of dog food Minimize .90X1+ .60X2(minimize cost per pound of dog food)Subject to: X1+ X2= 1 (total weight should be one pound)10X1+ 6X2≥ 9 (at least 9 units of vitamin 1 in a pound)12X1+ 9X2≥ 10 (at least 10 units of vitamin 2 in a pound)X1, X2≥ 0 (non-negativity constraints)Optimal Solution: X1 = .75 X2 = .25 Cost = $.825
Problem 7-40
1. The Weinberger Electronics Corporation manufactures four highly technical products that it supplies to aerospace firms that hold NASA contracts. Each of the products must pass through the following departments before they are shipped: wiring, drilling, assembly and inspection. The time requirement in hours for each unit produced and its co
esponding profit value are summarized in the following table:
2.
Department
Product
Wiring
Drilling
Assembly
Inspection
Unit profit
XJ201
0.5
0.3
0.2
0.5
9
XM897
1.5
1
4
1
12
TR29
1.5
2
1
0.5
15
BR788
1
3
2
0.5
11
The production available in each department each month, and the minimum monthly production requirement to fulfill contracts, are as follows:
Department
Capacity (hours)
Product
Minimum Prod. Level
Wiring
15,000
XJ201
150
Drilling
17,000
XM897
100
Assembly
26,000
TR29
300
Inspection
12,000
BR788
400
The production manager has the responsibility of specifying production levels for each product for the coming month. Help him by calculating( that is, setting up the cnstraints and objective funtion) Weinberger's problem using LP. PLease show work
Answers: XJ201 = 20,650 units; XM897 = 100 units; TR29 = 2,750 units; BR788 = 400 units; Maximum Profit = $232,700
PLEASE SHOW ALL WORK.
I HAVE CONSTRUCTED An excel TEMPLATE FOR ALL PROBLEMS.
Flair Furniture
Example 7-14
The Electrocomp Corporation
(Example 7-14)
Decision Variables:
A/C Fans
A F
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Wiring hours
Drilling hours
Example 7-15(a)
The Electrocomp Corporation
(Example 7-15a)
Decision Variables:
A/C Fans
A F
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Wiring hours
Drilling hours
Min. Air Conditioners
Max. Fans
Example 7-15(b)
The Electrocomp Corporation
(Example 7-15b)
Decision Variables:
A/C Fans
A F
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Wiring hours
Drilling hours
Min. Air Conditioners
Max. Fans
Example 7-17
The Outdoor Furniture Corporation
(Example 7-17)
Decision Variables:
Benches Picnic Tables
B P
Number of units =
Objective Function:
Maximize Profit =
Constraints:
LHS RHS
Max. Labor Hours
Max. Redwood Materials