2458) A manufacturing company produces two lines of designer gates, called model A and model B. Every gate requires blending a certain amount of steel and zinc; the company has a total of 25,000kg of steel and 6000kg of zinc. Each Model A gate requires a mixture of 125kg of steel and 20kg of zinc and yields a profit of $90. Each Model B gate requires 100kg of steel and 30kg of zinc and can be sold for a profit of $80. Write the objective equation and constraint equations. And set up an excel spreadsheet and use excel solver to find how many Model A and Model B gates should be made to produce max profits. (include the excel sheet and also the the solutions)
2458) A manufacturing company produces two lines of designer gates, called model A and model B. Every gate requires blending a certain amount of steel and zinc; the company has a total of 25,000kg of steel and 6000kg of zinc. Each Model A gate requires a mixture of 125kg of steel and 20kg of zinc and yields a profit of $90. Each Model B gate requires 100kg of steel and 30kg of zinc and can be sold for a profit of $80. Write the objective equation and constraint equations. And set up an excel spreadsheet and use excel solver to find how many Model A and Model B gates should be made to produce max profits. (include the excel sheet and also the the solutions)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter11: Simulation Models
Section: Chapter Questions
Problem 47P
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2458) A manufacturing company produces two lines of designer gates, called model A and model B. Every gate requires blending a certain amount of steel and zinc; the company has a total of 25,000kg of steel and 6000kg of zinc. Each Model A gate requires a mixture of 125kg of steel and 20kg of zinc and yields a profit of $90. Each Model B gate requires 100kg of steel and 30kg of zinc and can be sold for a profit of $80. Write the objective equation and constraint equations. And set up an excel spreadsheet and use excel solver to find how many Model A and Model B gates should be made to produce max profits. (include the excel sheet and also the the solutions)
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