The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
Problem 1
Solve the LOGO Production problem (the base version with only two products — see attached Download Excel file) with Excel Solver and produce the Sensitivity Report. Using the sensitivity report without resolving the problem, predict whether the optimal solution changes if:
In each case where the optimal solution does not change, also predict the new optimal profit without resolving the problem. Show your workings.
Problem 2
Refer to the Sensitivity Report of the LOGO Production problem. Without resolving the problem, predict the optimal profit (or indicate that we cannot predict without resolving) if:
Show your workings.
Problem 3
Refer to the Worker Scheduling problem in Section 4.3 of the textbook. Implement the model in Excel following the textbook.
Then, try to add the following requirement to the model: Out of all workers, we want at least 20% starting their shifts in the weekend (Sat or Sun). For example, if we schedule 5 workers in each 5-day shift, we have 10 out of 35 workers (28.5%) starting their shifts in the weekend, which satisfies the requirement. Can such a requirement be formulated as a linear constraint?
Add this to the spreadsheet model and solve for the optimal solution. How much does adding this constraint change the optimal objective?
Problem 4
A bank is attempting to determine where its assets should be invested during the current year. At present, $500,000 is available for investment in bonds, home loans, auto loans, and personal loans. The annual rates of return on each type of investment are known to be the following: bonds, 10%; home loans, 16%; auto loans, 13%; and personal loans, 20%. To ensure that the bank’s portfolio is not too risky, the bank’s invest- ment manager has placed the following three restric- tions on the bank’s portfolio:
Problem 5
Young MBA Erica Cudahy can invest up to $20,000 in stocks and loans. Each dollar invested in stocks yields $0.08 profit, and each dollar invested in a loan yields $0.13 profit. At least 40% of all money invested must be in stocks, and at least $7000 must be in loans. Determine how Erica can maximize the profit earned on her investments.
The writer is very fast, professional and responded to the review request fast also. Thank you.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more