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Problem 4-20 X Y Profit $4 $5 =SUMPRODUCT(B5:C5,$B$4:$C$4) Constraints Labor 1 2 =SUMPRODUCT(B7:C7,$B$4:$C$4) <= 10 Material...

Problem 4-20
X Y
Profit $4 $5 =SUMPRODUCT(B5:C5,$B$4:$C$4)
Constraints
Labor 1 2 =SUMPRODUCT(B7:C7,$B$4:$C$4) <= 10
Material 6 6 =SUMPRODUCT(B8:C8,$B$4:$C$4) <= 36
Storage 8 4 =SUMPRODUCT(B9:C9,$B$4:$C$4) <= 40
LHS Sign RHS
Business   Operations-Management   
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Homework Answers

Answer #1

The (B4:C4) signifies the number of X & Y manufactured/procured

Objective Cell is D5 which is a summation of profits from the X & Y

Constraint at D7 signifies the total labor consumed in having the (B4:C4) quantity of X & Y

Constraint at D8 signifies the total material consumed in having the (B4:C4) quantity of X & Y

Constraint at D9 signifies the total storage consumed in having the (B4:C4) quantity of X & Y

Putting this in solver we get, Optimal solution at X = 2 & Y = 4

The screenshots are attached,


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