Question

From her experience, she can tell how much fixing up each room Is important to her...

From her experience, she can tell how much fixing up each room Is important to her clients by listening to what they say. She knows that for her current client, opening up the main floor is really important and it has a coefficient of 50 happy point per dollar spent in that room. Fixing the kitchen gets 30 happy points per dollar spent. Bathroom 1 has 20 happy points per dollar spent and Bathroom 2 has 12 happy points per dollar spent. She is given a budget of $70,000 to fix up the house. If she spends all the money on fixing up those 4 rooms, and decides she has to spend a minimum of $6,000 on each bathroom, $12,000 on the kitchen and $18,000 to open up the first floor:

Suppose that the contractor finds a major structural issue and it is going to cost $30,000 to fix. This money comes from her budget. Now that her budget is $30,000 less than before:

  1. How much does she spend on each project? What is her number of happy points? (Objective Function)

Bathroom 1=

Bathroom 2 =

Kitchen =

Open Up =

Happy Points =

Homework Answers

Answer #1

Bathroom 1=6000

Bathroom 2 =6000

Kitchen =10000

Open Up =18000

Happy Points =1392000

First save the data matrix in excel in this form:

Then use R or R-Studio.

Here is the code for R-Studio:

d=read.csv(file.choose(),header = F)
d
m=length(d[,1])
n=length(d[1,])
constr.coeff=data.matrix(d[-m,-c(n,n-1)])
constr.coeff
constr.sign=d[-m,n-1]
constr.sign
constr=d[-m,n]
constr
obj=c(d[m,-c(n,n-1)])
obj
opt=lpSolve::lp("max",obj,constr.coeff,constr.sign,constr)
opt$objval
opt$solution

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