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hil24064 ch02 022 063 indd Confirming Pages 22 Chapter Two Linear Programming Basic Concepts Learning Objectives After completing this chapter, you should be able to 1 Explain what linear programming is 2 Identify the three key questions to be addressed in formulating any spreadsheet model 3 Name and identify the purpose of the four kinds of cells used in linear programming spreadsheet models 4 Formulate a basic linear programming model in a spreadsheet from a description of the problem 5 Presen.
... Windows $300 $500 Hours hil24064_ch 02_ 022 -063.indd 26 E Hours Used per Unit Produced Available Plant 1 Plant 2 12 Plant 3 18 02/ 11/ 12 5 :23 PM Confirming Pages 2. 2 FIGURE 2. 2 The complete spreadsheet... production rate equal to zero) in order 24 hil24064_ch 02_ 022 -063.indd 24 02/ 11/ 12 5 :23 PM Confirming Pages 2. 2 TABLE 2. 1 Formulating the Wyndor Problem on a Spreadsheet 25 Production Time Used for Each... that the values satisfy all the following constraints.” 50 hil24064_ch 02_ 022 -063.indd 50 02/ 11/ 12 5 :24 PM Confirming Pages 2. 8 FIGURE 2. 22 Graph showing two objective function lines for the Profit