Andalus furniture company has two manufacturing plants, one at aynor and another at spartanburg. the cost in dollars of producing a kitchen chair at each of the two plants is given here. aynor: cost = 80q1 + 7q12 + 93 spartanburg: cost = 20q2 + 3q22 + 147

whereq1 = number of chairs produced at aynor
q2 = number of chairs produced at spartanburgandalus needs to manufacture a total of 40 kitchen chairs to met an order just received. howmany chairs should be made at aynor and how many should be made at spartanburg in order tominimize production costs.
min + 100) +s. t. q1 + q2 = 40q1,q2≥0

a. using excel solver what is the optimal solution for this problem

9 in Aynor and 31 in Spartanburg

Explanation:

we need to build the following:

    A              B           C

           units    COST

Aynor          9           =93 + 80*B2 + POWER(B2;2)*7

Spartanburg31           =147 + 20*B2 + POWER(B2;2)*3

             =b2 + b3   = c2 + c3

We stablish that we want to minimize c3

changing cell b2 and b3

with the restriction that must be integer solution and b4 should equal 40

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi