Data Dashboard

Style Carpentary Painting Finishing Revenue /

cabinet
Hours/Cab Hours/Cab Hours/Cab

French Provincial 3 1.5 0.75 28

Danish Modern 2 1 0.75 25
Capacity 360 200 125

X1 French Provincial Maximize

X2 Danish Modern 28X1 + 25X2

LP Problem X1 X2 Total Profit

Quantity 60 60 $
Revenue / unit 28 25 3180

Constraints
X1 X2
Carpentry Hours Available 3 2 360 ≤ 360
Painting Hours Available 1.5 1 180 ≤ 200
Finishing Hours Available 0.75 0.75 112.5 ≤ 125
Contract Requirement -X1 1 60 ≥ 60
Contract Requirement -X2 1 90 ≥ 60
1 60 ≥ 0
1 90 ≥ 0
 Solution
X1 X2
Total Profit
Quantity 60 90 $
Revenue / unit 28 25 3930
 Data Dashboard
Ad Types Cost/Ad Reach/Ad
$ Persons
Radio 200 3000
TV 500 7000
40,000

X1 Radio Maximize Reach

X2 Tv 3000X1 + 7000X2

LP Problem X1 X2
Quantity 1 1 Total Reach
Reach 3000 7000 10,000

Constraints
X1 X2
Total Budget Available 200 500 40000 ≤ 40,000
Minimum Ad Requirement 1 175 ≥ 10
Minimum Ad Requirement 1 10 ≥ 10
Radio Ad vs Tv Ads Requirement 1 1 175 ≥ 10
1 175 ≥ 0
1 10 ≥ 0
 Solution
X1 X2
Quantity 175 10 Total Reach
Reach 3000 7000 595,000
 Data Dashboard
Types Carpener Redwood Revenue
hours feet $
Benches 4 10 9
Tables 6 35 20
1200 3500

X1 Benches Maximize
X2 Tables 9X1 + 20X2

LP Problem X1 X2 Total Profit

Quantity 1 1 $
Revenue / unit 9 20 29

Constraints
X1 X2
Carpenter hours available 4 6 1198 ≤ 1200
Redwood material available 10 35 3495 ≤ 3500
1 262 ≥ 0
1 25 ≥ 0
 Solution
Solver Solution X1 X2 Total Profit
Quantity 262 25 $
Revenue / unit 9 20 2858
 Data Dashboard
Course Type
Quantity Cost
Undergraduate 30 2500
Graduate 20 3000
60

X1 Undergraduate Minimize
X2 Graduate 2500X1 + 3000X2

LP Problem X1 X2 Total Cost

Quantity 1 1 $
Cost / Course 2500 3000 5500

Constraints
X1 X2
Max Courses Demand - Undergrad 1 40 ≥ 30
Max Courses Demand - Graduate 1 20 ≥ 20
Total Courses Supply 1 1 60 ≥ 60
1 40 ≥ 0
1 20 ≥ 0
 Solution
X1 X2 Total Cost
Quantity 40 20 $
Cost / Course 2500 3000 160,000
 Data Dashboard
Type Assembly time / unit Profit / unit
Hours $
Alpha 4 20 1200
Beta 5 25 1800
800

X1 Alpha 4 Maximise
X2 Beta 5 1200X1 + 1800X2

LP Problem X1 X2 Total Profit

Quantity 1 1 $
Profit/unit 1200 1800 3000

Constraints
X1 X2
Max Labor Hours Available 20 25 800 ≤
Min Requirement -Alpha 1 10 ≥
Minimum Requirement - Beta 1 24 ≥
1 10 ≥
1 24 ≥
 Solution
LP Problem X1 X2 Total Profit
Quantity 10 24 $
Profit/unit 1200 1800 55,200

800
10
15
0
0
 Data Dashboard

Cost Vit 1 Vit 2

Beef 0.9 10 12
Grain 0.6 6 9

X1 Beef Pound Minimize

X2 Grain Pound 0.9X1 + 0.6X2

LP Problem X1 X2 Total Cost

Quantity 1 1 $
cost /unit 0.9 0.6 1.5

Constraints
X1 X2
Min Requirement of Vit 1 in a Pound 10 6 9≥ 9
Min Requirement of Vit 2 in a Pound 12 9 11 ≥ 10
Beef and Grain Proportion 1 1 1= 1
1 0.75 ≥ 0
1 0.25 ≥ 0
 Solution
X1 X2
Quantity 0.75 0.25 Total Cost
Vit 1 10 6 $
Vit 2 12 9 0.825
cost /unit 0.9 0.6

Constituition of Final Product

Cost 0.8250001
Vit 1 9
Vit 2 11.25
 Data Dashboard
Labor Land Selling Price
Hours Acre $
Pruned Olive 5 1 20
Natural Olive 2 2 30
250 150

X1 Pruned Olive Maximize

X2 Natural Olive 20X1 + 30X2

LP Problem X1 X2 Total Profit

Quantity 1 1 $
Profit/unit 20 30 50

Constraints
X1 X2
Labor Hours Available 5 2 246 ≤ 250
Land Acres Available 1 2 150 ≤ 150
Contract Requirement -X1 1 24 ≤ 40
1 24.00 ≥ 0
1 63.00 ≥ 0
 Solution

Solver X1 X2 Total Profit

Quantity 24 63 $
Profit/unit 20 30 2370

a. Maximum Profit $ 2370

b. Barrels of pruned olives 24
Barrels of regular olives 63
c. Land for Pruned Olives Acre 24
Land for Natural Olives Acre 126
 Data Dashboard

X1 Stock Fund Invement

Minimize
X2 Money Market Fund
Invesment 12X1 + 5X2

LP Problem X1 X2 Risk Exposure

$
Dollars Invested 1 1

Profit/unit 12 5 17

Constraints
X1 X2
Total Investment Available 1 1 200000 =
Return Constraint 0.1 0.05 14000 ≥
Minimum MMF Requirement 1 120000 ≥
SF 1 80,000 ≥
MMF 1 120000 ≥
 Solution
X1 X2 Total Risk Exposure
Dollars $
Invested 80,000 120000

Risk/unit 12 5 1,560,000

Division of SF & MMF

a
What is the total risk?

What is the total return?

b
What rate of return is this?

c Change of risk measure from 12 to 14.

Risk1 - Risk 0 = Δ in Solution
d Δ in risk for every $
200,000 e Δ in MMF to 50,000
14,000
50,000
0
0
Stock Fund = $80,000
MMF Fund = $ 120,000

1,560,000

14,000

7%
1,720,000
160,000
No change
No change