DATA EXERCISE #1
Format of the Project:
The Data Exercise must be posted to the LEO Student Assignments as a Attachments are limited to a maximum two files in doc, docx., xls. xlsx., or rtf. formats. OTHER FORMATS ARE NOT ACCEPTABLE, will not be reviewed or graded.
Please note that hand-written and scanned works, pdf. files, jpg. files, as well as files posted in google drive, will not be accepted or graded.
The paper should be written in APA style Research Paper format.
Please note that Use of APA Citation Methodology is required for all parts of the assignment
Written projects must be:
1. typed, double-spaced, in 12-point Times New Roman or Arial font, with margins no wider than one inch
2. have footnotes or endnotes, with correct citations
3. have a bibliography of sources used
4. include, for each entry, the author, title, city and state of publisher, publisher's name, year, and page numbers
5. prepared using word processing software (Microsoft Word preferred), in a manner similar to the preparation of a written assignment for classroom submission
Data exercise #1 Assignment
Consists of four parts
Part 1: Expenditures Approach to Calculating GDP (weight 25% of the assignment grade)
Complete the following exercise
Visit the Bureau of Economic Analysis website at www.bea.gov. From the drop-down menu under “Data”, click on “by Economics Account”. Then click on “National”, “Gross Domestic Product, and “Full Release and Tables”. Use tables 3A (Gross Domestic Product and Related Measures) and 3B (Real Gross Domestic Product and Related Measures).
a) Create the table that contains the following information for the last quarter. You need this information from both tables. Omit the intermediate lines found in Tables 3A and 3B on the web site.
Gross domestic product
Personal consumption expenditures
Gross private domestic investment
Net exports of goods and services
Government consumption expenditures and gross investment
1. b) Calculate the percentage (the proportion) of each category in nominal GDP and in real GDP.
Using Nominal GDP:
[Personal consumption expenditures / Nominal GDP]*100%
[Gross private domestic investment / Nominal GDP]*100%
[Net exports of goods and services / Nominal GDP]*100%
[Government consumption expenditures and gross investment/ Nominal GDP]*100%
And using Real GDP:
[Personal consumption expenditures / Real GDP]*100%
[Gross private domestic investment / Real]*100%
[Net exports of goods and services / Real GDP]*100%
[Government consumption expenditures and gross investment/ Real GDP]*100%
Present the information that you received in 1 (a) and 1 (b) as a table(s) in your project.
2. Write a report (2 pages double - spaced), which contains an analysis of the results you received.
In this report consider, but do not be limited to the following:
1. Why was the nominal GDP greater than the real GDP? By how much?
2. GDP is composed of a number of categories. What category makes up the largest portion of GDP? What category m.
DATA EXERCISE #1Format of the ProjectThe Data Exercise must b.docx
1. DATA EXERCISE #1
Format of the Project:
The Data Exercise must be posted to the LEO Student
Assignments as a Attachments are limited to a maximum two
files in doc, docx., xls. xlsx., or rtf. formats. OTHER
FORMATS ARE NOT ACCEPTABLE, will not be reviewed or
graded.
Please note that hand-written and scanned works, pdf. files, jpg.
files, as well as files posted in google drive, will not be
accepted or graded.
The paper should be written in APA style Research Paper
format.
Please note that Use of APA Citation Methodology is required
for all parts of the assignment
Written projects must be:
1. typed, double-spaced, in 12-point Times New Roman or Arial
font, with margins no wider than one inch
2. have footnotes or endnotes, with correct citations
3. have a bibliography of sources used
4. include, for each entry, the author, title, city and state of
publisher, publisher's name, year, and page numbers
5. prepared using word processing software (Microsoft Word
preferred), in a manner similar to the preparation of a written
assignment for classroom submission
Data exercise #1 Assignment
Consists of four parts
Part 1: Expenditures Approach to Calculating GDP (weight 25%
of the assignment grade)
Complete the following exercise
Visit the Bureau of Economic Analysis website at
www.bea.gov. From the drop-down menu under “Data”, click on
“by Economics Account”. Then click on “National”, “Gross
Domestic Product, and “Full Release and Tables”. Use tables
3A (Gross Domestic Product and Related Measures) and 3B
2. (Real Gross Domestic Product and Related Measures).
a) Create the table that contains the following information for
the last quarter. You need this information from both tables.
Omit the intermediate lines found in Tables 3A and 3B on the
web site.
Gross domestic product
Personal consumption expenditures
Gross private domestic investment
Net exports of goods and services
Government consumption expenditures and gross investment
1. b) Calculate the percentage (the proportion) of each category
in nominal GDP and in real GDP.
Using Nominal GDP:
[Personal consumption expenditures / Nominal GDP]*100%
[Gross private domestic investment / Nominal GDP]*100%
[Net exports of goods and services / Nominal GDP]*100%
[Government consumption expenditures and gross investment/
Nominal GDP]*100%
And using Real GDP:
[Personal consumption expenditures / Real GDP]*100%
[Gross private domestic investment / Real]*100%
[Net exports of goods and services / Real GDP]*100%
[Government consumption expenditures and gross investment/
Real GDP]*100%
Present the information that you received in 1 (a) and 1 (b) as a
table(s) in your project.
2. Write a report (2 pages double - spaced), which contains an
analysis of the results you received.
In this report consider, but do not be limited to the following:
1. Why was the nominal GDP greater than the real GDP? By
how much?
2. GDP is composed of a number of categories. What category
makes up the largest portion of GDP? What category makes up
the smallest portion of GDP?
3. 3. What is “Gross private domestic investment”? What does
gross private domestic investment measure?
4. What is “Net exports of goods and services”? Why it is
negative?
5. In the table 3A find the category “National defense”. How
much was the National defense for the last quarter? Calculate
percentage of National defense out of “Government
consumption expenditures and gross investment”. Calculate
percentage of National defense out of GDP.
6. Please analyze and discuss the significance of the data that
you received for this Data exercise. Reflect on what you have
learned from this exercise.
Part 2: Income Approach to Calculating GDP (weight 25% of
the assignment grade)
Complete the following exercise:
Go to http://www.bea.gov/
Visit the Bureau of Economic Analysis website at
www.bea.gov. From the drop-down menu under “Data”, click on
“by Economics Account”. Then click on “National”, “Gross
Domestic Product, and “Full Release and Tables”. Use table 7
(Relation of Gross Domestic Product, Gross National Product,
and National Income).
1. Create the table that contains the following information for
the last year quarterly. Omit the intermediate lines found in
Table 7 on the web site.
Gross domestic product
Gross national product
Net national product
National income
Personal income
2. Write a report in your own words (1 page, double-spaced),
which contains the analysis of the results you received. In this
report consider, but do not be limited to the following:
1. What is the difference between gross domestic product (GDP)
and gross national product (GNP)? What is the difference in
4. what GDP measures compared to GNP?
2. Based on the table, what calculations must you make to
determine GNP from GDP?
3. What is national income (NI)? What does NI measure?
4. Which was higher in this year, GNP or NI? By how much?
5. What calculations must you make to determine NI from GNP?
6. NI is composed of a number of categories. What category
makes up the largest portion of NI?
7. Please analyze and discuss the significance of the data that
you received for this Data exercise. Reflect on what you have
learned from this exercise.
Part 3: GDP in Different Countries (weight 25% of the
assignment grade)
Complete the following exercise:
Go to World Development Indicators database:
http://databank.worldbank.org/data/views/variableSelection/sele
ctvariables.aspx?source=world-development-indicators
Select 8 countries for your project by checking the check boxes
under Country.
Select the 2 data series GDP (current US$) and Population
(Total) under Series.
Select the most recent year under Time.
You can now retrieve that data by clicking one of the options on
the upper right of the window. Clicking “Table” will allow you
to view and copy the data for each country. Clicking
“Download” will allow you to download the data in Excel,
which can then be copied into your report table.
Or you can simply type the required data into the table below.
Fill in the table below. Present the table in your project.
Calculate the per capita GDP for the most recent available year
for the countries with the equation given in the far right
column.
Country
GDP
Population
6. Write a short report in your own words (1 page, double-spaced),
which contains the analysis of the results you have gotten. In
this report consider, but do not be limited to the following:
1. List the countries by highest per capita GDP to lowest.
2. Does the order remain the same for total GDP as for per
capita GDP.
3. If not, explain why is it different?
4. Please analyze and discuss the significance of this data and
reflect on what you have learned from this exercise.
Part 4: Index of Economic Freedom (weight 25% of the
assignment grade)
Log onto the Heritage Foundation's website
at https://www.heritage.org/index/
“Today, we live in the most prosperous time in human history.
Poverty, sicknesses, and ignorance are receding throughout the
world, due in large part to the advance of economic freedom. In
2018, the principles of economic freedom that have fueled this
monumental progress are once again measured in the Index of
Economic Freedom, an annual guide published by The Heritage
Foundation, Washington's No. 1 think tank.
For over twenty years the Index has delivered thoughtful
analysis in a clear, friendly, and straight-forward format. With
new resources for users and a website tailored for research and
education, the Index of Economic Freedom is poised to help
readers track over two decades of the advancement in economic
freedom, prosperity, and opportunity and promote these ideas in
their homes, schools, and communities.
The Index covers 12 freedoms – from property rights to
financial freedom – in 186 countries.”
Click on COUNTRY RANKING to find the rank of economic
freedom. IMPORTANT – Make sure you use the Rank and not
the Overall Score.
Click on EXPLORE THE DATA to find the rank of business,
7. trade, financial freedom, and property rights.
1. Find the rank in economic freedom (overall) of the countries
that you were using in part III of the assignment.
2. Find the rank in business, trade, financial freedom, and
property rights of the countries that you were using in part III
of the assignment.
3. Compare the rank in economic freedom (overall) and other
indicators with the order of the countries using the per capita
GDP in the table in part III of the assignment.
4. Present the information that you received in your project as a
table.
5. Write a report in your own words (1 page, double-spaced),
which contains the analysis of the results that you received.
Discuss the significance of the data and what you feel is the
relevance of rankings. Please reflect on what you have learned
from this assignment.
Chapter 01/Fig1-2.xlsx
Car Payment CalculatorPurchase Price$18,500less: Down
Payment$2,000 Trade-in$4,000Amount Financed$12,500Term
of loan (in years)4.0Annual Interest Rate8.00%Monthly
Payment$305.16
Car Loan Analysis Worksheet
Chapter 02/Fig2-8.xlsm
Feasible regionAqua Spas (X1)Hydro Luxes (X2)Optimal
Qty122.0078.00Unit Profits$350$300Total
Profit$66,100Constraints# Required# Available
Pumps11200TRUE Labor961566TRUE
Tubing12162880TRUEDisplay Optimal solution Profit
level curve Pump boundary line Labor boundary line
Tubing boundary line
28. Cliff Ragsdale: Constraint cell5,000
Electro-Poly Corporation
Minimize: E11
By changing: B6:D7
Subject to: B13:D13>=B14:D14
E17:E18<=F17:F18
B6:D7>=0
Chapter 03/Fig3-22.xlsm
Investment ReportAmountMaximumYears to10+ years?Good or
worse?BondInvested25.0%ReturnMaturity(1-yes, 0-
no)Rating(1-yes, 0-no)ACME Chemical$0
A satisfied Microsoft Office user: Variable
cell$187,5008.65%1111-Excellent0DynaStar$0
A satisfied Microsoft Office user: Variable
cell$187,5009.50%1013-Good1Eagle Vision$0
A satisfied Microsoft Office user: Variable
cell$187,50010.00%604-Fair1MicroModeling$0
A satisfied Microsoft Office user: Variable
cell$187,5008.75%1011-Excellent0OptiPro$0
A satisfied Microsoft Office user: Variable
cell$187,5009.25%703-Good1Sabre Systems$0
29. A satisfied Microsoft Office user: Variable
cell$187,5009.00%1312-Very Good0Total Invested:$0
A satisfied Microsoft Office user: Constraint cellTotal:$0
A satisfied Microsoft Office user: Objective cellTotal:$0
A satisfied Microsoft Office user: Constraint cellTotal:$0
A satisfied Microsoft Office user: Constraint cell
A satisfied Microsoft Office user: Variable cell
A satisfied Microsoft Office user: Variable cell
A satisfied Microsoft Office user: Variable cell
A satisfied Microsoft Office user: Variable cell
A satisfied Microsoft Office user: Variable cell
A satisfied Microsoft Office user: Variable cell
A satisfied Microsoft Office user: Constraint cell
30. A satisfied Microsoft Office user: Objective cellTotal
Available:$750,000Required:$375,000Allowed:$262,500
Retirement Planning Services, Inc.
Maximize: E12
By changing: C6:C11
Subject to: C12 = C13
G12 >= G13
I12 <= I13
C6:C11 >= 0
Chapter 03/Fig3-26.xlsm
Shipping ReportDistances FromGroves to Plant
atGroveOcalaOrlandoLeesburgMt.
Dora21.050.040.0Eustis35.030.022.0Clermont55.020.025.0Bush
els Shipped FromGroves to Plant
atBushelsBushelsGroveOcalaOrlandoLeesburgShippedAvailable
Mt. Dora0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Constraint cell275,000Eustis0
A satisfied Microsoft Office user: Variable cell
A satisfied Microsoft Office user: Variable cell0
31. A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Constraint
cell400,000Clermont0
A satisfied Microsoft Office user: Variable cell
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cell300,000Received0
A satisfied Microsoft Office user: Constraint cell
A satisfied Microsoft Office user: Constraint cell
32. A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Constraint cell
A satisfied Microsoft Office user: Constraint cell0
A satisfied Microsoft Office user: Constraint
cellCapacity200,000600,000225,000Total Distance (in bushel-
miles)0
A satisfied Microsoft Office user: Objective cell
Minimize: E20
By changing: C14:E16
Subject to: F14:F16=G14:G16
C17:E17<=C18:E18
C14:E16>=0
Tropicsun
Chapter 03/Fig3-30.xlsm
Blending ReportFeed 1Feed 2Feed 3Feed 4TotalUnit cost
$250$300$320$150$0
A satisfied Microsoft Office user: Objective cellUnits
Req'dUnits to mix0.0
A satisfied Microsoft Office user: Variable cell0.0
A satisfied Microsoft Office user: Variable cell0.0
33. A satisfied Microsoft Office user: Variable cell0.0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Constraint cell8(Note: 1 unit
= 1,000 pounds)Percent of Nutrient
inAmountMinimumNutrientFeed 1Feed 2Feed 3Feed 4in
BlendReq'd AmntCorn0.300.050.200.100.00%
A satisfied Microsoft Office user: Constraint
cell20.0%Grain0.100.300.150.100.00%
A satisfied Microsoft Office user: Constraint
cell15.0%Minerals0.200.200.200.300.00%
A satisfied Microsoft Office user: Constraint cell
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A satisfied Microsoft Office user: Variable cell
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A satisfied Microsoft Office user: Objective cell
34. A satisfied Microsoft Office user: Variable cell
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A satisfied Microsoft Office user: Constraint cell
A satisfied Microsoft Office user: Constraint cell15.0%
Agri-Pro
Minimize: F5
By changing: B6:E6
Subject to: F10:F12>=G10:G12
F6>=G6
B6:E6>=0
Chapter 03/Fig3-33.xlsm
Production ReportM o n t h123456Beginning
Inventory2,7501,750-2,750-8,750-14,250-17,750Units Produced
0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cell0
35. A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cellUnits Demanded
1,0004,5006,0005,5003,5004,000Ending Inventory 1,750
A satisfied Microsoft Office user: Constraint cell
A satisfied Microsoft Office user: Variable cell-2,750
A satisfied Microsoft Office user: Constraint cell
A satisfied Microsoft Office user: Variable cell-8,750
A satisfied Microsoft Office user: Constraint cell
A satisfied Microsoft Office user: Variable cell-14,250
A satisfied Microsoft Office user: Constraint cell-17,750
A satisfied Microsoft Office user: Constraint cell-21,750
A satisfied Microsoft Office user: Constraint cellMinimum
Production2,0001,7502,0002,2502,0001,750Maximum
Production4,0003,5004,0004,5004,0003,500Minimum
Inventory1,5001,5001,5001,5001,5001,500Maximum
Inventory6,0006,0006,0006,0006,0006,000Unit Production
36. Cost$240$250$265$285$280$260Unit Carrying Cost
1.5%$3.60$3.75$3.98$4.28$4.20$3.90Monthly Production
Cost$0$0$0$0$0$0Monthly Carrying Cost$8,100-$1,875-
$22,856-$49,163-$67,200-$77,025Total Cost-$210,019
A satisfied Microsoft Office user: Objective cell
Minimize: H23
By Changing: C7:H7
Subject to: C7:H7>=C11:H11
C7:H7<=C12:H12
C9:H9>=C14:H14
C9:H9<=C15:H15
Upton Manufacturing
Chapter 03/Fig3-37.xlsm
Funding ReportMonth of CashCash Flow Summary For
MonthInvestmentInflowOutflowAmountReturn1.02.03.04.05.06.
07.0A1.02.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-
1.01.018B1.03.0$0.000
A satisfied Microsoft Office user: Variable cell3.5%-1.0<----
>1.035C1.04.0$0.000
A satisfied Microsoft Office user: Variable cell5.8%-1.0<----
><---->1.058D1.07.0$0.000
A satisfied Microsoft Office user: Variable cell11.0%-1.0<----
><----><----><----><---->1.11A2.03.0$0.000
37. A satisfied Microsoft Office user: Variable cell1.8%-
1.01.018A3.04.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-
1.01.018B3.05.0$0.000
A satisfied Microsoft Office user: Variable cell3.5%-1.0<----
>1.035A4.05.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-
1.01.018C4.07.0$0.000
A satisfied Microsoft Office user: Variable cell5.8%-1.0<----
><---->1.058A5.06.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-
1.01.018B5.07.0$0.000
A satisfied Microsoft Office user: Variable cell3.5%-1.0<----
>1.035A6.07.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-
1.01.018Total Invested in Month 1 $0.000
A satisfied Microsoft Office user: Objective cell Surplus
Funds0.0
38. A satisfied Microsoft Office user: Constraint cell0.0
A satisfied Microsoft Office user: Constraint cell0.0
A satisfied Microsoft Office user: Constraint cell0.0
A satisfied Microsoft Office user: Constraint cell0.0
A satisfied Microsoft Office user: Constraint cell0.0
A satisfied Microsoft Office user: Constraint cell Req'd
Payments$0$250$0$250$0$300
Minimize: D18
By changing: D6:D17
Subject to: G18:L18=G19:L19
D6:D17>=0
Taco-Viva
Chapter 03/Fig3-40.xlsm
Funding ReportMonth of CashCash Flow Summary For
MonthRiskAdjusted Risk Factors For
Month:InvestmentInflowOutflowAmountReturn1.02.03.04.05.06
.07.0Factor1.02.03.04.05.06.0A1.02.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-1.01.0181-
4.0B1.03.0$0.000
A satisfied Microsoft Office user: Variable cell3.5%-1.0<----
39. >1.0353-2.0-2.0C1.04.0$0.000
A satisfied Microsoft Office user: Variable cell5.8%-1.0<----
><---->1.05883.03.03.0D1.07.0$0.000
A satisfied Microsoft Office user: Variable cell11.0%-1.0<----
><----><----><----><----
>1.1161.01.01.01.01.01.0A2.03.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-1.01.0181-
4.0A3.04.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-1.01.0181-
4.0B3.05.0$0.000
A satisfied Microsoft Office user: Variable cell3.5%-1.0<----
>1.0353-2.0-2.0A4.05.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-1.01.0181-
4.0C4.07.0$0.000
A satisfied Microsoft Office user: Variable cell5.8%-1.0<----
><---->1.05883.03.03.0A5.06.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-1.01.0181-
4.0B5.07.0$0.000
40. A satisfied Microsoft Office user: Variable cell3.5%-1.0<----
>1.0353-2.0-2.0A6.07.0$0.000
A satisfied Microsoft Office user: Variable cell1.8%-1.01.0181-
4.0Total Invested in Month 1$0.000
A satisfied Microsoft Office user: Objective cell Surplus
Funds0.0
A satisfied Microsoft Office user: Constraint cell0.0
A satisfied Microsoft Office user: Constraint cell0.0
A satisfied Microsoft Office user: Constraint cell0.0
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A satisfied Microsoft Office user: Constraint cellRisk Value0
A satisfied Microsoft Office user: Constraint cell0
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41. A satisfied Microsoft Office user: Constraint cell0
A satisfied Microsoft Office user: Constraint cell0
A satisfied Microsoft Office user: Constraint cell0
A satisfied Microsoft Office user: Constraint cellReq'd
Payments$0$250$0$250$0$300Maximum Weighted Average
Risk5.0
Minimize: D18
By changing: D6:D17
Subject to: G18:L18=G19:L19
N18:S18<=0
D6:D17>=0
Taco-Viva
Sheet1
Sheet2
Sheet3
Chapter 03/Fig3-43.xlsm
Efficiency Analysis-------- Outputs -------- ----- Inputs -----
WeightedWeightedDEAUnitProfitSatisfactionCleanlinessLabor
HrsOp.
CostsOutputInputDifferenceEfficiency15.987.70924.746.750.00
000.00000.0000
Cliff Ragsdale: Constraint
cell27.189.70996.387.420.00000.00000.0000
Cliff Ragsdale: Constraint
cell34.979.30985.046.350.00000.00000.0000
49. A satisfied Microsoft Office user: Constraint cell2880.00.0
Blue Ridge Hot Tubs
Maximize: D6
By changing: B5:C5
Subject to: D9:D11<=E9:E11
B5:C5>=0
Chapter 04/Fig4-12.xlsm
Spider PlotAqua-SpasHydro-LuxesNumber to make132
A satisfied Microsoft Office user: Variable cell63
A satisfied Microsoft Office user: Variable cellTotal ProfitUnit
Profits$350$300$65,100
A satisfied Microsoft Office user: Objective
cellConstraintsUsedAvailableBase Case Pumps
Req'd1.01.0195
A satisfied Microsoft Office user: Constraint cell180200 Labor
Req'd9.06.01566
A satisfied Microsoft Office user: Constraint cell14091566
Tubing Req'd12.016.02592
A satisfied Microsoft Office user: Constraint cell25922880
Blue Ridge Hot Tubs
Maximize: D6
By changing: B5:C5
Subject to: D9:D11<=E9:E11
50. B5:C5>=0
Optimizations to Run: 33
Chapter 04/Fig4-16.xlsm
Solver TableAqua-SpasHydro-LuxesNumber to make170
A satisfied Microsoft Office user: Variable cell0
A satisfied Microsoft Office user: Variable cellTotal ProfitUnit
Profits$350$300$59,500
A satisfied Microsoft Office user: Objective
cellConstraintsUsedAvailable Pumps Req'd11170
A satisfied Microsoft Office user: Constraint cell170 Labor
Req'd961530
A satisfied Microsoft Office user: Constraint cell1566 Tubing
Req'd12162040
A satisfied Microsoft Office user: Constraint cell2880
Blue Ridge Hot Tubs
Maximize: D6
By changing: B5:C5
Subject to: D9:D11<=E9:E11 (Monitor Value = True)
B5:C5>=0
51. Chapter 04/Fig4-19.xlsm
Robust
Solution
Aqua-SpasHydro-LuxesNumber to Make122
A satisfied Microsoft Office user: Variable cell78
A satisfied Microsoft Office user: Variable cellTotal ProfitUnit
Profits$350$300$66,100
A satisfied Microsoft Office user: Objective
cellConstraintsUsedAvailable Pumps Req'd11200
A satisfied Microsoft Office user: Constraint cell200 Labor
Req'd9.066.161585.915646423
A satisfied Microsoft Office user: Constraint cell1566 Tubing
Req'd11.8215.942685.4654398018
52. A satisfied Microsoft Office user: Constraint cell2880
Blue Ridge Hot Tubs
Maximize: D6
By changing: B5:C5
Subject to: D9:D11<=E9:E11
B5:C5>=0
Chapter 04/Fig4-4.xlsm
Feasible regionAqua-Spas (X1)Hydro-Luxes (X2)Optimal
Qty122.0078.00Unit Profits$350$300Total
Profit$66,100Constraints# Required# Available
Pumps11200TRUE Labor961566TRUE
Tubing12162880TRUEDisplay Optimal solution Profit
level curve Pump boundary line Labor boundary line
Tubing boundary line
01234567891011121314151617181920212223242526272829303
13233343536373839404142434445464748495051525354555657
58596061626364656667686970717273747576777879808182838
48586878889909192939495969798991001011021031041051061
07108109110111112113114115116117118119120121122123124
12512612712812913013113213313413513613713813914014114
21431441451461471481491501511521531541551561571581591