1) Consider a resource-allocation problem having the following data:
Resource 1 Activity 2 Amount resource available
A 1 0 5
B 0 1 4
C 2 1 9
D 3 4 21
Unit profit 30 20
The objective is to determine the number of units of each activity to undertake so as to maximize the total profit.
(a) Formulate a spreadsheet model for this problem.
(b) Graph the feasible region. Use this graph to identify all the corner points.
(c) Use the spreadsheet to determine the total profit for each of these corner points. Then use this information to identify an optimal solution.
(d) Use the Excel Solver to confirm this optimal solution.
(e) Use the graphical method to confirm this optimal solution