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Linear Programming with decision variables and constraints
A professor has been contacted by four not-for-profit agencies that are willing to work with student consulting teams. The agencies need help with such things as budgeting, information systems, coordinating volunteers, and forecasting. Although each of the four student teams could work with any of the agencies, the professor feels that there is a difference in the amount of time it would take each group to solve each problem. The professor's estimate of the time, in days, is given in the table below.
Projects
Team Budgeting Information Volunteers ForecastingA 32 35 15 27B 38 40 18 35C 41 42 25 38D 45 45 30 42
1. Define the linear programming model with its decision variables and its constraints.
2. Use the computer solution generated by Excel (Solve) to see which team works with which project. Provide the Excel file.
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Find a business or organization, preferably one where you are working used to work, or know an employee or owner. (You can use anything such as retail or finance departments)
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The Delicious Apple Company has orchards in Red City, Golden, and Macville Estimated amounts of apples to be available from the three orchards are the following-Solve the problem for optimal answer and provide the value of the objective function an..
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You have been retained by a manufacturer of main appliances to investigate the probable color preferences of stoves and refrigerators in coming year. What is the purpose of research?
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The strategy of the Sherman Anti-Trust Act and other U.S. antimonopoly legislation is to ensure that each company has meaningful competitors in every product market in which it participates.
The solution offers step by step guidance on how to formulate the problem mathematically. It comprises a solution to problem instance using Excel Solver.
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