Buy here: http://homework.plus/busn-603-problem-set-8/ 1. If Electrocomp decides that at least 20 air conditioners should be produced but no more than

80 fans should be produced, the optimal production mix of air conditioners and fans is

__________. (The first number is for air conditioners and the second for fans.)

2. In the optimal solution for the above question (Question 1), the slack for the four constrains —

Total hours of wiring, Total hours of drilling, Number of air conditioners, Number of fans are

__________, respectively. (Hint: A negative number shows that the constraint is binding

downward, i.e. it sets a lower rather than an upper limit. You may take the negative sign out

when interpreting the results.)

3. If Electrocomp decides that at least 30 air conditioners should be produced but no more than

50 fans should be produced, the optimal production of air conditioners is __ and the optimal

production of fans is _. (Please only enter an integer and include no units.)

4. In the optimal solution for the above question (Question 3), the slack for the four constrains —

Total hours of wiring, Total hours of drilling, Number of air conditioners, Number of fans are

__________, respectively. (Hint: A negative number shows that the constraint is binding

downward, i.e. it sets a lower rather than an upper limit. You may take the negative sign out

when interpreting the results.)

5. The optimal production of benches is __ and the optimal production of tables is __. (Please

only enter an integer and include no units. Hint: Because of the resource constraints, you may

not be able to produce 4 tables even if the solution is 3.8; you may have to just produce 3

tables.)

6. The optimal dollar amount invested in Petrochemical stock is _________ dollars, and the

optimal dollar amount invested in Utility stock is ___________ dollars. (Please only enter an

integer and include no units. Hint: The total risk on each stock is the risk index times the

investment in dollars. When you use Excel QM, you need to end thetotal risk in the right hand

side of the constraint not simply the risk index.)

7. The average risk index (not in dollar amount) for the optimal investment is _ , and the

estimated best/maximum return for this investment is __ . (Please only enter an integer and

include no units.)

8. The optimal money invested in the five stocks and bonds — Municipal bonds, Electronics,

Aerospace, Drugs, and Nursing homes are __________ dollars, respectively.

9. The optimal number of medical patients per year is __ , and optimal number of surgical

patients per year is ___ . The maximum annual profit is ____ dollars. (Please round to the

closest integer and include no units.)

10. Among the 90 additional beds, _______ beds should be used for medical patients and

_______ beds used for surgical patients.

11. At the optimal, there are _ empty beds, __ lab tests of unused capacity, _ x-rays of unused

capacity, and __ unused operation rooms available. (Please round to the closest integer and

include no units.)