In: Statistics and Probability
Graph all constraints, using Excel line shapes
Determine the feasible region, shade
Complete the objective function table
Determine the objective function max or min solution
Solve the optimization problem, using the graphical method as demonstrated in class. Graph the following constraints on the digital graph paper worksheet. Show all algebra work, to determine constraint intercepts. Show all algebra work to determine solution, or “intersection” of each constraint pair.
5A + 8B = Max Profit
3A + 5B ≤ 50
2A + 4B ≤ 40
1A + 0B ≤ 8
0A + 1B ≤ 10
This problem is solved by using Excel.
Output is
Therefore maximize profit at point A2 ( 8,5.2 ) is 81.6
Thank You!