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SOLVE THE FOLLOWING 2 LINEAR PROGRAMMING PROBLEMS USING EXCEL AND THE SOLVER ADD-IN. PLEASE SHOW ME...

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Accounting

SOLVE THE FOLLOWING 2 LINEAR PROGRAMMING PROBLEMS USINGEXCEL AND THE SOLVER ADD-IN. PLEASE SHOW ME ALL THE EXCELSTEPS.

PROBLEM #1:   Maximize Z = $60X +$90Y

                           Subject to:   60X + 30Y >= 1,500

                                                   100X + 100Y <= 6,000

                                                                           Y >= 30

                                                                        X, Y >= 0

PROBLEM #2: Minimize Z = $3,000X + $1,000Y

                            Subject to:   60X + 20Y >=1,200

                                                       10X + 10Y >=400

                                                    40X + 160Y >= 2,400

                                                                       X, Y >= 0

Answer & Explanation Solved by verified expert
3.8 Ratings (334 Votes)
Problem 1Step 1 Fill in the data and provide formula as follows in theexcel sheetStep 2 Go to DataSolver fill in the following    See Answer
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