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Your instructor will assign a linear programming project for this assignment according to the following specifications. It will be a problem with at least three (3) constraints and at least two (2) decision variables. The problem will be bounded and feasible. It will also have a single optimum solution (in other words, it won't have alternate optimal solutions). The problem will also include a component that involves sensitivity analysis and the use of the shadow price. You will be turning in two (2) deliverables, a short writeup of the project and the spreadsheet showing your work. Writeup. Your writeup should introduce your solution to the project by describing the problem. Correctly identify what type of problem this is. For example, you should note if the problem is a maximization or minimization problem, as well as identify the resources that constrain the solution. Identify each variable and explain the criteria involved in setting up the model. This should be encapsulated in one (1) or two (2) succinct paragraphs. After the introductory paragraph, write out the L.P. model for the problem. Include the objective function and all constraints, including any non-negativity constraints. Then, you should present the optimal solution, based on your work in Excel. Explain what the results mean. Finally, write a paragraph addressing the part of the problem pertaining to sensitivity analysis and shadow price. Excel. As previously noted, please set up your problem in Excel and find the solution using Solver. Clearly label the cells in your spreadsheet. You will turn in the entire spreadsheet, showing the setup of the model, and the results. Linear Programming project: Benjamin Moore Company makes two types of paint, oil based paint and water based paint. It makes a profit of $2 per gallon on its oil-based paint and $4 per gallon on its water-based paint. Both paints contain two ingredients, A and B. The oil-based paint contains 90 percent A and 10 percent B, whereas the water-based paint contains 30 percent A and 70 percent B. Benjamin Moore currently has 8,000 gallons of ingredient A and 9,000 gallons of ingredient B in inventory and cannot obtain more at this time. Due to high demand, the company makes water based paint twice as much as oil based paint. Benjamin Moore wishes to use linear programming to determine the appropriate mix of oil-base and water-based paint to produce to maximize its total profit.
Find the values of the trigonometric functions of t from the given information.
When a student is taught how to find the mean of a set of data, why might the child have a difficult time accepting the answer? Please explain in details and give example.
The spot rate of the British pound to the dollar is 1.68 ($/£). The 180 day forward rate is $1.71, what is the annualized forward premium?
The price of a gallon of unleaded gas has risen to today. Yesterday's price was . Find the percentage increase. Round your answer to the nearest tenth of a percent.
what is the probability that he will get exactly two strikes in four attempts? At least two strikes in four attempts?
Find coefficients An and Bn such that this is satisfied.
Please show the how to solve the following. Please offer as much explanation as possible. Graph a function on the interval [-2,5] having the following characteristics:
The length of a swimming pool is 18.5 ft, and the width is 10.75 ft. Write the ratio of length to width as ratio of whole numbers.
two cranes are lifting an object that weighs 20,240 pounds. One cable is at a 44.5 degrees from the horizontal and the other is 24.3 degrees on the opposite side from the horizontal. Find the tension of each cable of the cranes.
Calculate the elasticity for the variables and briefly comment on whether they are elastic or inelastic - Price elasticity and advertising elasticity
Implement the following boolean function with a 4x1 multiplexer and external gates. Connect inputs A and B to the selection lines. The input requirements for the four data lines will be a function of variables C and D.
The difference is accumulated every 1/10th of a second for one day. What is the magnitude of the accumulated difference
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