Give the algebraic model in lingo syntax

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Reference no: EM133292554

Question: A licence to shoot a moose costs $115 for residents and $920 for non-residents. The government must decide how many licences to issue in both cate-gories. There is a demand for up to 30,000 resident licences, and up to 12,000 non-resident licences; these are system constraints. The government has several goalpriorities which in descending order of importance are (i) earn at least $12,006,000 in revenue (ii) issue at least 80% of licences to residents, and (iii) limit the total number of licences to 40,000.

(a) By hand-writing and converting to pdf, or by doing this in Word, formulate this goal programming model. [Note: the symbolic objective function cannot be put into a computer.]

(b) Give the algebraic model in LINGO syntax or in an Excel file for the first sub-problem, and solve.

(c) Embedding the solution from (b), give the algebraic model in LINGO syntax or in an Excel file for the second sub-problem, and solve.

(d) Embedding the solution from (c), give the algebraic model in LINGO syntax or in an Excel file for the third sub-problem, and solve.

(e) State the overall solution in words.

Reference no: EM133292554

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