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A Company Is Developing Its Weekly Production Plan

Question 51

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A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below. A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below.   ​ What is the appropriate formula to use in cell B15 of the following Excel implementation of the ILP model for this problem?   A)  =B5 − MIN($E$11/B11, $E$11/C11) *B14 B)  =B5 − MIN($E$11/B11, $E$12/B12)  C)  =B5 − $E$12/B12*B14 D)  =B5 − MIN($E$11/B11, $E$12/B12) *B14 ​ What is the appropriate formula to use in cell B15 of the following Excel implementation of the ILP model for this problem? A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below.   ​ What is the appropriate formula to use in cell B15 of the following Excel implementation of the ILP model for this problem?   A)  =B5 − MIN($E$11/B11, $E$11/C11) *B14 B)  =B5 − MIN($E$11/B11, $E$12/B12)  C)  =B5 − $E$12/B12*B14 D)  =B5 − MIN($E$11/B11, $E$12/B12) *B14


A) =B5 − MIN($E$11/B11, $E$11/C11) *B14
B) =B5 − MIN($E$11/B11, $E$12/B12)
C) =B5 − $E$12/B12*B14
D) =B5 − MIN($E$11/B11, $E$12/B12) *B14

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