rate 5.

00%
Time Project 1 Project 2 NPV1 - NPV 2
We want to find the indifference point,
0 -50 -100 $62.23 which is the interest rate at which Projects
1 10 90 1 and 2 have the same NPV. In this
2 20 80 instance, we want to set cell $E$3 to 0 by
3 30 70 changing cell $B$1.
4 40 60
5 50 50
6 60 40
7 70 30
8 80 20
9 90 10
10 100 5
NPV $343.74 $281.51

Set cell:
To value:
By changing cell:
discount rate 10.00%
book original pri discount
1 $5.99 10%
2 $14.99 20%
3 $8.99 30%
4 $12.99 40% Sometimes the BYU Bookstore has a
5 $18.99 50% “progressive book sale.” This means that the
original price total $61.95 books are 10% off the first day, 20% off the
discount $6.20 second day, and so on until they are 50% off on
the fifth day. You would like to buy five particular
add sales tax $3.48
books, but you only have $40. Because the
final price $59.24 books might get sold out, you would like to buy
them as soon as you can afford it. Using the
“Goal Seek-Book Sale” worksheet, calculate
which day you will be able to buy your books.
Set cell:
To value:
By changing cell:
Term GPA Credits
Fall 2009 3.75 16 In order for Anna to have a good shot at being
Winter 2010 3.34 18 admitted to the Accounting program, she must
Spring 2010 3.60 7 maintain a 3.5 cumulative average. Figure out
Fall 2010 3.75 15 what GPA Anna must earn in Fall 2010.
56 Total credits
Cumm GPA 3.60

Set cell:
To value:
By changing cell:
Loan Amount $25,000
Term in Months 24
Jim thinks he can afford a car payment of
Interest Rate 12.00%
$500 per month. His bank has a financing
Payment ($1,176.84) plan that includes $0 down, and an interest
rate of 12% over 24 months. What is the
highest priced car he could afford with these
Set cell: terms?
To value:
By changing cell:
Microsoft Excel 16.0 Answer Report
Worksheet: [solver.xlsx]Donuts
Report Created: 10/3/2019 8:12:06 PM
Result: Solver found a solution. All Constraints and optimality conditions are satisfied.
Solver Engine
Engine: Simplex LP
Solution Time: 0.016 Seconds.
Iterations: 2 Subproblems: 0
Solver Options
Max Time 100 sec, Iterations 100, Precision 0.000001
Max Subproblems Unlimited, Max Integer Sols Unlimited, Integer Tolerance 5%, Solve Without Integer Constraints, Assume

Objective Cell (Max)

Cell Name Original Value Final Value
$D$13 Profit $ - $ 120.00

Variable Cells
Cell Name Original Value Final Value Integer
$B$7 Made 0 150 Integer
$B$8 Made 0 130 Integer
$B$9 Made 0 150 Integer

Constraints
Cell Name Cell Value Formula Status Slack
$G$10 Total Labor Used Labor 20.00 $G$10<=$G$11 Binding 0
$B$7 Made 150 $B$7<=$I$7 Not Binding 100
$B$8 Made 130 $B$8<=$I$8 Not Binding 70
$B$9 Made 150 $B$9<=$I$9 Binding 0
$B$7 Made 150 $B$7>=$H$7 Binding 0
$B$8 Made 130 $B$8>=$H$8 Not Binding 30
$B$9 Made 150 $B$9>=$H$9 Not Binding 100
$B$7:$B$9=Integer
out Integer Constraints, Assume NonNegative
 whole units only
Labor in hours

Made Cost to make Sale Price Profit per donut Labor

150 Holes $ 0.10 0.15 $ 0.05 0.02
130 Regular $ 0.25 0.55 $ 0.30 0.05
150 Special $ 0.50 0.99 $ 0.49 0.07
Total Labor Used 20.00
Labor available 20.00
Profit Profit
$ 120.00 $ 120.00

Maximize profit by changing how many of each donut you

make. You must meet minimum demand to keep customers
happy, but must not exceed maximum demand or else you will
lose money on inventory. Additionally, you only have 20 hours
of employee labor available to devote to donut making.
Min Demand Max Demand 125
150 250 20
100 200
50 150 2500

Constrains
Min Demand
Max Demand
labour hours
 Shipping Costs Table You are in charge of shipping f
Los Angeles St. Louis Boston to figure out the least expensiv
Denver $58 $47 $108 (Los Angeles, St. Louis, and B
Houston $87 $46 $100 Houston, Atlanta, Miami, Seat
Atlanta $121 $30 $57 demand without excess and can
Miami $149 $66 $83 shipped must not be less than t
Seattle $62 $115 $164
Detroit $128 $28 $38

Number Number to ship from.. Number to

needed Los Angeles St. Louis Boston be shipped
Denver 150 150 0 0 150
Houston 225 0 225 0 225
Atlanta 125 0 125 0 125
Miami 250 0 0 250 250
Seattle 120 120 0 0 120
Detroit 150 0 0 150 150
Total 1020 270 350 400 1020

Starting inventory: 400 350 500

Number remaining: 130 0 100

Shipping costs: $16,140 $14,100 $26,450 $56,690 Total

You are in charge of shipping for a large multi-national firm. You want
to figure out the least expensive way to ship the goods from your ports
(Los Angeles, St. Louis, and Boston) to the warehouses in Denver,
Houston, Atlanta, Miami, Seattle, and Detroit. You must meet the
demand without excess and can’t have negative inventory. The number
shipped must not be less than the number needed.

Constrains
Numbered Shipped >= Number Needed
Number Remaining >= 0
 Transistor Quiz Problem

At a transistor manufacturing plant, four technicians (A, B, C, and D) produce three

products (products 1, 2, and 3). The demand for the products is shown below
Technician A can make only products 1 and 3. Technician B can make only products 1 and
2. Technician C can make only product 3. Technician D can make only product 2.

The answer must be in whole products.

Unit Hours Required Per Unit (in hours)

Profit Product Tech A Tech B Tech C Tech D
$ 6.00 1 2 2.5 x x
$ 7.00 2 x 3 x 3.5
$ 10.00 3 3 x 4 x

Units Made
Demand Make Product Tech A Tech B Tech C Tech D
80 78 1 30 48 0 0
50 34 2 0 0 0 34
50 50 3 20 0 30 0

Hours worked 120 120 120 119

<= <= <= <=
Hours available 120 120 120 120

Total profit $ 1,206.00

 Candy Bars
Ingredients Milky Way Snickers Nut Roll 3 Musketeers Cost
Chocolate 1 1 0 1 $0.15
Nougat 1.25 0.5 0.75 1.5 $0.15
Nuts 0 1 1.5 0 $0.20
Caramel 0.75 1 1 0 $0.15

Max Demand 1000 1000 1000 1000

Total Made 1000 1000 1000 1000
Min Demand 275 500 150 250
Price/Bar $0.90 $0.90 $0.90 $0.90
Cost/Bar $0.45 $0.58 $0.56 $0.38
Profit/Bar $0.45 $0.33 $0.34 $0.53

Profit $450.00 $325.00 $337.50 $525.00

Total Profit $1,637.50

Material Totals
Ingredients Used Available
Chocolate 3000 2500
Nougat 4000 2500
Nuts 2500 2500
Caramel 2750 2500
Maximize Profit without
exceeding inventory. Can't
make negative or partial
bars. Must make at least 250
of each.
 Min Staff Staff # Starting Excess
Day Needed Scheduled on this day Staff
Sunday 60 125 25 65
Monday 142 125 25 -17
Tuesday 145 125 25 -20
Wednesday 160 125 25 -35
Thursday 180 125 25 -55
Friday 190 125 25 -65
Saturday 65 125 25 60

Total Staff Needed: 175

You are in charge of staffing for a call center for a large airline.
Each employee works five days straight (this is taken care of
for you in the formulas), and then has two days off. The start
day varies across employees. You would like to be as efficient
as possible given your constraints—meaning you want to
minimize total staff needed.