model and solve the following problem in excel The Metalco Company desires to blend a new alloy of 40 percent tin, 35 percent zinc, and 25percent lead from several available alloys having the following properties:AlloyPropertyPercentage of tinPercentage of zincPercentage of leadCost ($/lb)6010302515604545(b) Solve this model by the simplex method.504010301088 84 94205055577-70The objective is to determine the proportions of these alloys that should be blended to producethe new alloy at a minimum cost.(a) Formulate a linear programming model for this problem.****

For this question, first, I would formulate the LP, then, I would solve this problem using the…

Answered: (a) Formulate a linear programming…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P

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Formulate but do not solve the problem.The management of Hartman Rent-A-Car has allocated $2.25 million to buy a fleet of new automobiles consisting of compact, intermediate-size, and full-size cars. Compacts cost $18,000 each, intermediate-size cars cost $27,000 each, and full-size cars cost $36,000 each. If Hartman purchases twice as many compacts as intermediate-size cars and the total number of cars to be purchased is 100, determine how many cars of each type will be purchased. (Assume that the entire budget will be used. Let x, y, and z denote the number of compact, intermediate-sized, and full-size cars purchased, respectively.) = 2,250,000 = x = 100
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A health Centre will be built to serve 7 communities. The geographical location of the communities and their population is shown in the table below. Communities A, X =2.5 (km), Y=4.5(km), Population( 000's)=2 Communities B, X =2.5 (km), Y=2.5(km), Population( 000's)=5 Communities C, X =5.5 (km), Y=4.5(km), Population( 000's)=10 Communities D, X =5 (km), Y=2(km), Population( 000's)=7 Communities E, X =8 (km), Y=5(km), Population( 000's)=10 Communities F, X =7 (km), Y=2(km), Population( 000's)=20 Communities G, X =9 (km), Y=2.5(km), Population( 000's)=14 There is a possibility of building the Centre in two communities, community C and F. Based on the Demand-Distance criterion what is your recommendation for the site of the Centre. The distances to be measured based on Rectilinear method. Based on…
Please find and solve the attached optimization Problem
Hudson Corporation is considering three options for managing its data processing operation: continuing with its own staff, hiring an outside vendor to do the managing (referred to as outsourcing), or using a combination of its own staff and an outside vendor. The cost of the operation depends on future demand. The annual cost of each option (in thousands of dollars) depends on demand as follows: Demand Staffing Options High Medium Low Own staff 600 550 350 Outside vendor 900 650 450 Combination 700 600 400 a. If the demand probabilities are 0.4, 0.25, and 0.35, which decision alternative will minimize the expected cost of the data processing operation? Own Staff What is the expected annual cost associated with that recommendation? If required, round your answer to the nearest thousand of dollars. Expected annual cost = $ ___________
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How would you write the optimal solution for these?
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(a) Formulate a linear programming model for this problem. (b) Solve this model by the simplex method.