Enter the Problem into Excel

 

1.      Enter the variable names as labels across the top.

Bullco Problem

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Var Names

XN1

XS1

XN2

XS2

 

Answer

 

Constraint

Var Values

0

0

0

0

 

 

 

 

 

 

 

 

 

 

 

 

 

OBJECTIVE

60

55

30

25

 

0

 

 

S.T.

0

1

0

1

 

0

<=

100

 

1

0

1

0

 

0

<=

80

 

0.6

-0.4

0

0

 

0

>=

0

 

0

0

-0.7

0.3

 

0

>=

0

2.      Enter starting values for each variable.

3.      Name the variables block as ‘b_variables’

Naming the variables block of cells:

A.    Use your mouse to select the variable values.

B.     Click on the ‘Insert’ menu, and select ‘Name’.

C.     We want to define a name, so select ‘Define.’

D.    Enter a name that you will remember, such as “b_variables”, then click OK.

4.      Enter the coefficients for each variable into the objective function row.

5.      Enter each constraint, one per row, aligned as shown above.

6.      Build an equation to calculate the answer for the objective function and each constraint.  For example, the equation for the objective function is:

=sumproduct(b_variables, B6:I6)

7.      Enter the value for each constraint in the far right hand column, and a label showing the appropriate relational operator in the preceding column.

 

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