In the following linear programming problem, how much would you be willing to pay for an additional 4 units of Resource W? (Note: This problem requires Solver.) Maximize P = 3x + 15y Subject to: 2x + 4y ≤12 (Resource W) 5x + 2y ≤ 10 (Resource Z) x, y ≥ 0 0 O 11.25 0000 ○ 15 18.75
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- The Tinkan Company produces one-pound cans for the Canadian salmon industry. Each year the salmon spawn during a 24-hour period and must be canned immediately. Tinkan has the following agreement with the salmon industry. The company can deliver as many cans as it chooses. Then the salmon are caught. For each can by which Tinkan falls short of the salmon industrys needs, the company pays the industry a 2 penalty. Cans cost Tinkan 1 to produce and are sold by Tinkan for 2 per can. If any cans are left over, they are returned to Tinkan and the company reimburses the industry 2 for each extra can. These extra cans are put in storage for next year. Each year a can is held in storage, a carrying cost equal to 20% of the cans production cost is incurred. It is well known that the number of salmon harvested during a year is strongly related to the number of salmon harvested the previous year. In fact, using past data, Tinkan estimates that the harvest size in year t, Ht (measured in the number of cans required), is related to the harvest size in the previous year, Ht1, by the equation Ht = Ht1et where et is normally distributed with mean 1.02 and standard deviation 0.10. Tinkan plans to use the following production strategy. For some value of x, it produces enough cans at the beginning of year t to bring its inventory up to x+Ht, where Ht is the predicted harvest size in year t. Then it delivers these cans to the salmon industry. For example, if it uses x = 100,000, the predicted harvest size is 500,000 cans, and 80,000 cans are already in inventory, then Tinkan produces and delivers 520,000 cans. Given that the harvest size for the previous year was 550,000 cans, use simulation to help Tinkan develop a production strategy that maximizes its expected profit over the next 20 years. Assume that the company begins year 1 with an initial inventory of 300,000 cans.Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand will grow at 5% a year. If the company builds a plant that can produce x units of Wozac per year, it will cost 16x. Each unit of Wozac is sold for 3. Each unit of Wozac produced incurs a variable production cost of 0.20. It costs 0.40 per year to operate a unit of capacity. Determine how large a Wozac plant the company should build to maximize its expected profit over the next 10 years.Maximize P = x + 4y − 2z subject to 3x + y − z ≤ 40 2x + y − z ≤ 20 −x + y + z ≤ 40 x ≥ 0, y ≥ 0, z ≥ 0
- Maximize p = 7x + 6y + 3z subject to x + y + z ≤ 150 x + y + z ≥ 100 x ≥ 0, y ≥ 0, z ≥ 0. p= (x, y, z)=4. Optimal Rental Decisions in Cloud Computing Assume that AWS has the following 3 options for renting servers. Fraction of Job in one Server Description Rental Low Power Medium Power High Power $2/hr. $4/hr. $9/hr. Hour 1/8 1/6 1/3 L M Note that if you rent a server for less than one hour, you still must pay the rent for the entire hour. You have a job that must finısh in at most 5 hours. The low-power server can finish 1/8th of the job in 1 hour, the medium-power server can finish 1/6 of the job in one hour, and the high- power server can finish 1/3rd of the job in one hour. (a) The typical practice used by most firms is to find a single server that can do the work at the least cost and within the available time. Find the best sıngle server solution-that is, which single server should you use and for how many hours will you rent this server?A manufacturing firm has four plants and wants to find the most efficient means of meeting the requirements of its four customers. The relevant information for the plants and customers, along with shipping costs in dollars per unit, are shown in the table below: Customer (requirement) Factory (capacity) Customer 1 (125) Customer 2 (150) Customer 3 (175) Customer 4 (75) A (100) $ 15 $ 10 $ 20 $ 17 B (75) $ 20 $ 12 $ 19 $ 20 C (100) $ 22 $ 20 $ 25 $ 14 D (250) $ 21 $ 15 $ 28 $ 12 How many arcs will the network have?
- A manufacturing firm has three plants and wants to find the most efficient means of meeting the requirements of its four customers. The relevant information for the plants and customers, along with shipping costs in dollars per unit, are shown in the table below: Customer (requirement) Factory (capacity) Customer 1 (25) Customer 2 (50) Customer 3 (125) Customer 4 (75) A (100) $ 15 $ 10 $ 20 $ 17 B (75) $ 20 $ 12 $ 19 $ 20 C (100) $ 22 $ 20 $ 25 $ 14 Note: This question requires Solver.Formulate the problem in Solver and find the optimal solution. What is the minimum total cost to meet all customer requirements?A manufacturing firm has four plants and wants to find the most efficient means of meeting the requirements of its four customers. The relevant information for the plants and customers, along with shipping costs in dollars per unit, are shown in the table below: Customer (requirement) Factory (capacity) Customer 1 (125) Customer 2 (150) Customer 3 (175) Customer 4 (75) A (100) $ 15 $ 10 $ 20 $ 17 B (75) $ 20 $ 12 $ 19 $ 20 C (100) $ 22 $ 20 $ 25 $ 14 D (250) $ 21 $ 15 $ 28 $ 12 How many supply nodes are present in this problem? Multiple Choice: 4 3 1 8 16A manufacturing firm has four plants and wants to find the most efficient means of meeting the requirements of its four customers. The relevant information for the plants and customers, along with shipping costs in dollars per unit, are shown in the table below: Customer (requirement) Factory (capacity) Customer 1 (125) Customer 2 (150) Customer 3 (175) Customer 4 (75) A (100) $ 15 $ 10 $ 20 $ 17 B (75) $ 20 $ 12 $ 19 $ 20 C (100) $ 22 $ 20 $ 25 $ 14 D (250) $ 21 $ 15 $ 28 $ 12 Note: This question requires Solver.Formulate the problem in Solver and find the optimal solution. What is the optimal quantity to ship from Factory B to Customer 3? Multiple Choice 25 units 50 units 75 units 100 units 125 units
- Maximize Profit=123 L + 136 S 17 L+11 S≤ 3000 6 L+9 S≤2500 L20 and S20 (Availability of component A) (Availability of component B) Show Transcribed Text Implement the linear optimization model and find an optimal solution. Interpret the optimal solution. The optimal solution is to produce LaserStop models and SpeedBuster models. This solution gives the possible profit, which is $. (Type integers or decimals rounded to two decimal places as needed.)Solve the following problem with Excel Solver: (Leave no cells blank be certain to enter "0" wherever required. Do not round intermediate calculations. Round your answers to 2 decimal places.) Maximize Z= 3X+17Y 3X+8Ys 74 3X+11Y ≤ 78 Y s 35 Decision for X Decision for Y Total profit Resource A Resource B Resource C Resources Used Resource A Resource B Resource C2. Maximize subject to p = x + 2y X +3y24 2x + y 18 x ≥ 0, y ≥ 0.