ComputerScienceExpert

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About ComputerScienceExpert

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Applied Sciences,Calculus See all
Applied Sciences,Calculus,Chemistry,Computer Science,Environmental science,Information Systems,Science Hide all
Teaching Since: Apr 2017
Last Sign in: 103 Weeks Ago, 3 Days Ago
Questions Answered: 4870
Tutorials Posted: 4863

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  • MBA IT, Mater in Science and Technology
    Devry
    Jul-1996 - Jul-2000

Experience

  • Professor
    Devry University
    Mar-2010 - Oct-2016

Category > Programming Posted 08 May 2017 My Price 8.00

calculate the highest Net Profit possible

Please do the following points:

 

Load the Solver add-in if it is not already loaded. Set the objective to calculate the highest Net Profit possible.

Use the units sold as changing variable cells.

Use the Limitations section of the spreadsheet model to set a constraint for raw materials.

Set a constraint for labor hours.

Set a constraint for maximum production capability.

Solve the problem. Generate the Answer Report and Keep Solver Solution.

 

Scenario SummaryCurrent Values:Best CaseWorst CaseMost LikelyChanging Cells:$B$4100200100150$B$5$30.00 $30.00 $25.00 $25.00Hourly_Wages2018$15.00 $15.00 $20.00 $15.00Result Cells:Prod_Cost$375.00 $750.00 $500.00 $562.50$B$22$2,625 $5,250 $2,000 $3,188Notes:Current Values column represents values of changing cells atTme Scenario Summary Report was created.Changing cells for eachscenario are highlighted in gray.

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(11)
Status NEW Posted 08 May 2017 12:05 AM My Price 8.00

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