In: Statistics and Probability
Ch 2: Linear Programming
Max 6A + 4B
ST
2A + 1B <= 12
1A + 1B <= 10
1A <= 4
A, B >= 0
Solve the above model using Excel Solver. Write down the optimal solution value and values for each decision variable (i.e. variable ‘A’ and ‘B’). Write down the slack for each constraint Which constraints are binding constraints?
The solution is:
A | B | Used | Available | ||
2 | 1 | ≤ | 12 | 12 | |
1 | 1 | ≤ | 10 | 10 | |
1 | 0 | ≤ | 2 | 4 | |
Obj. Func. | 2 | 8 | |||
Max | 6 | 4 | |||
Z | 44 |
The Excel Solver output is:
The report is:
The binding constraints are 12 & 10.
The slack for cell values 12 & 10 is 0. The slack for cell value 4 is 2.