Multiple Choice
Consider the scenario given below.Use Excel solver to answer the following question(s) .
Peca Inc.is a small manufacturer of two types of office chairs,the swivel and no-swivel models.The manufacturing process consists of two principal departments: fabrication and finishing.The fabrication department has 24 skilled workers,each of whom works 7 hours per day.The finishing department has 6 workers,who also work a 7-hour shift.A swivel type requires 7 labor hours in the fabricating department and 2 labor hours in finishing.The no-swivel model requires 8 labor hours in fabricating and 3 labor hours in finishing.Peca Inc.makes a net profit of $100 on the swivel model,and $130 on the no-swivel model.The company anticipates selling at least twice as many no-swivel models as swivel models.The company wants to determine how many of each model should be produced on a daily basis to maximize net profit.
-Determine the net optimal profit for the given data.
A) $525
B) $1,365
C) $1,890
D) $200
Correct Answer:

Verified
Correct Answer:
Verified
Q50: A model is unbounded if Solver reports
Q51: Use the case below to answer the
Q52: Use the case below to answer the
Q53: Use the case below to answer the
Q54: Use the scenario given below to answer
Q56: Consider the scenario given below.Use Excel solver
Q57: Consider the scenario given below.Use Excel solver
Q58: Define optimal solution and constraints.
Q59: Briefly describe the characteristics of linear optimization
Q60: Consider the scenario given below.Use Excel solver