A Company Needs to Purchase Several New Machines to Meet

question 28

Essay

A company needs to purchase several new machines to meet its future production needs. It can purchase three different types of machines A, B, and C. Each machine A costs $80,000 and requires 2,000 square feet of floor space. Each machine B costs $50,000 and requires 3,000 square feet of floor space. Each machine C costs $40,000 and requires 5,000 square feet of floor space. The machines can produce 200, 250 and 350 units per day respectively. The plant can only afford $500,000 for all the machines and has at most 20,000 square feet of room for the machines. The company wants to buy as many machines as possible to maximize daily production.
What values would you enter in the Risk Solver Platform (RSP) task pane for the following cells for this Excel spreadsheet implementation of the formulation for this problem?
Objective Cell:
Variables Cells:
Constraints Cells:

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Definitions:

Antibodies

Proteins produced by the immune system to identify and neutralize foreign substances like bacteria and viruses.

Antigens

Substances that the immune system recognizes as foreign, triggering an immune response; often parts of pathogens like bacteria, viruses, or fungi.

Toxins

Poisonous substances produced by living cells or organisms that can cause disease when introduced into the body tissues.

Complement System

A part of the immune system that enhances (complements) the ability of antibodies and phagocytic cells to clear microbes and damaged cells from an organism.