Modify the spreadsheet model to include new product

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Q1. In PC Tech's product mix problem, assume there is another PC model, the VXP, that the company can produce in addition to Basics and XPs. Each VXP requires eight hours for assembling, three hours for testing, $275 for component parts, and sells for $560. At most 50 VXPs can be sold.

(a) Modify the spreadsheet model to include this new product, and use Solver to find the optimal product mix.

(b) You should find that the optimal solution is not integer-valued. If you round the values in the changing cells to the nearest integers, is the resulting solution still feasible? If not, how might you obtain a feasible solution that is at least close to optimal?

Q2. In the product mix model it makes sense to change the maximum sales constraint to a "minimum sales" constraint, simply by changing the direction of the inequality. Then the input values in row 23 can be considered customer demands that must be met. Make this change and rerun Solver. What do you find? What do you find if you run Solver again, this time making the values in row 23 one-quarter of their current values?

Q3. Modify the Pigskin model so that there are eight months in the planning horizon. You can make up reasonable values for any extra required data. Don't forget to modify range names. Then modify the model again so that there are only four months in the planning horizon. Do either of these modifications change the optimal production quantity in month 1?

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Reference no: EM131394708

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