Valencia Products make automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model and find an optimal solution, ensuring that the number of units produced is integer-valued. How much difference is there between the optimal integer solution objective function and the linear optimization solution objective function? Would rounding the continuous solution have provided the optimal integer solution? Maximize Profit=123 L + 138 S 18 L+11 Ss3000 5L+9 S≤2500 L20 and S20 (Component A) (Component B) (Nonnegativity) The optimal integer solution is to produce 0 LaserStop and 272 SpeedBuster. This solution gives the maximum possible profit, which is $ 37,536. (Round to the nearest whole number as needed.) The absolute value of the difference between the optimal integer solution objective function and the linear optimization have provided the optimal integer solution objective function is $. Rounding the continuous solution solution. (Type integers or decimals rounded to two decimal places as needed would not would

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
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Valencia Products make automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both
models use the same electronic components. After reviewing the components required and the profit for each model,
the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced
and S is the number of SpeedBuster models produced. Implement the linear optimization model and find an optimal
solution, ensuring that the number of units produced is integer-valued. How much difference is there between the
optimal integer solution objective function and the linear optimization solution objective function? Would rounding the
continuous solution have provided the optimal integer solution?
Maximize Profit = 123 L+138 S
18 L+11 S≤3000
5L+9 S≤2500
L20 and S20
(Component A)
(Component B)
(Nonnegativity)
The optimal integer solution is to produce 0 LaserStop and 272 SpeedBuster. This solution gives the maximum
possible profit, which is $ 37,536.
(Round to the nearest whole number as needed.)
The absolute value of the difference between the optimal integer solution objective function and the linear optimization
have provided the optimal integer
solution objective function is $. Rounding the continuous solution
solution.
(Type integers or decimals rounded to two decimal places as needed
would not
would
Transcribed Image Text:Valencia Products make automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model and find an optimal solution, ensuring that the number of units produced is integer-valued. How much difference is there between the optimal integer solution objective function and the linear optimization solution objective function? Would rounding the continuous solution have provided the optimal integer solution? Maximize Profit = 123 L+138 S 18 L+11 S≤3000 5L+9 S≤2500 L20 and S20 (Component A) (Component B) (Nonnegativity) The optimal integer solution is to produce 0 LaserStop and 272 SpeedBuster. This solution gives the maximum possible profit, which is $ 37,536. (Round to the nearest whole number as needed.) The absolute value of the difference between the optimal integer solution objective function and the linear optimization have provided the optimal integer solution objective function is $. Rounding the continuous solution solution. (Type integers or decimals rounded to two decimal places as needed would not would
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