Ag Bus 435 Midterm Section 1 10/27/14 Dr. Hurley General Instructions: This exam is worth 150 points. You must provide your own paper. You are allowed to use your notes for the exam. You must show all your work when appropriate to get credit. Create a new tab for each question you answer. No cell phones are allowed to be in your possession during the exam. If you are caught with a cell phone, you will receive a zero on the exam. (Please note that except for any diagrams or mathematical models, all answers should be entered into a textbox on your spreadsheet.) GOOD LUCK! Problem A: max 𝑤.𝑟.𝑡.𝑥1 ,𝑥2 ,𝑥3 6𝑥1 + 5𝑥2 + 3𝑥3 Subject to: 2𝑥1 + 2𝑥2 + 4𝑥3 ≤ 24 2𝑥1 + 4𝑥2 + 2𝑥3 ≤ 24 4𝑥1 + 2𝑥2 + 2𝑥3 ≤ 24 2𝑥1 + 2𝑥2 + 2𝑥3 ≤ 18 𝑥1 ≥ 0, 𝑥2 ≥ 0, 𝑥3 ≥ 0 Question 1: Set-up the augmented mathematical model for this maximization problem (10 points). Question 2: Set-up and solve the model given above by Excel using the tabular form (15 points). Question 3: In a textbox, please interpret your solution including telling what the Basic variables, the Non-Basic variable are, and what the maximum achievable is (10 points). Question 4: What was your pivot number in your second iteration before you normalized it to 1? Briefly explain how you know this (5 points). Question 5: In a textbox, explain what is the shadow price is for the x4 variable and what does it tell you (10 Points). Question 6: How do you know that there are no iterations left in this problem? Briefly explain your answer in a textbox (5 points). Page 1 of 3 Revised: 10/20/14 Problem B: Solve the following problem without using solver (10 points): 3𝑥1 + 10𝑥2 + 9𝑥3 + 8𝑥4 + 10𝑥5 = 84 3𝑥1 + 7𝑥2 + 10𝑥3 + 8𝑥4 + 6𝑥5 = 72 5𝑥1 + 3𝑥2 + 3𝑥3 + 1𝑥4 + 2𝑥5 = 34 4𝑥1 + 2𝑥2 + 7𝑥3 + 9𝑥4 + 8𝑥5 = 68 4𝑥1 + 2𝑥2 + 5𝑥3 + 4𝑥4 + 6𝑥5 = 51 Problem C: min 𝑤.𝑟.𝑡.𝑥1 ,𝑥2 30𝑥1 + 20𝑥2 Subject to: 2𝑥1 − 16𝑥2 ≥ 0 1𝑥1 + 1𝑥2 ≥ 90 1𝑥1 + 2𝑥2 ≥ 120 𝑥1 ≥ 0, 𝑥2 ≥ 0 Question 1: Draw the feasible region to this minimization problem making sure that you identify all corner point feasible solution (30 points). Question 2: What is the minimum amount that is achieved at the optimal (5 points)? Problem D: Suppose you raise rhinoceros for the Santa Barbara Zoo. Rhinoceros’s are picky eaters and will only eat four kinds of food—corn, soybeans, lettuce, wheat, and rye. Each of these feeds has different nutritional values which are shown in Table 1 below. Each feed is measured in one kilogram increments. In order to keep the rhinoceros healthy, you need to make sure that they have a minimum amount of certain nutrients. One of your goals is to make sure that each of them gets at least 150,000 calories per week. One of the nutritional components to keep rhinoceros healthy is fat in their diet. It takes at least 360,000 mg of fat per week to ensure their good health. Another component to their diet is to have carbohydrates where they need 42,000 g per week to stay healthy. A third nutritional component that must be met is dietary fiber intake. A healthy rhinoceros requires at least 7,000 g per week of fiber to lead a healthy life. In order to have the weight gain that you would like to see in the rhinoceros, you need a minimum amount of sugar and proteins. In terms of sugar, the rhinoceros should get at least 45,000 mg per week. For protein, the they should get at least 6,000 grams per week. Your ultimate goal is to meet the nutritional feeding requirements of the rhinoceros at a minimum cost where the costs per kilogram of corn, soybeans, lettuce, wheat, and rye are respectively $4.00, $2.00, $3.00, $5.00, and $6.00. Page 2 of 3 Revised: 10/20/14 Table 1: Nutritional Components per 1 Kilogram of Feed Item Nutritional Corn Soybean Lettuce Wheat Component* Calories 859 454 153 3,111 Fat (mg) 7,859 53,846 2,059 18,519 Carbohydrates (g) 200 85 24 676 Dietary Fiber (g) 24 23 12 102 Sugar (mg) 35,294 4,754 10,718 4,102 Protein (g) 24 108 12 111 *mg = milligrams, g = grams Rye 3,379 17,751 757 154 12 101 Given the information above please answer the following questions. 1. Please write a mathematical model for this problem (15 Points). 2. Please develop a spreadsheet model for this problem. Use the guidelines for building good spreadsheets (10 Points). 3. Using solver, please find the cost minimizing solution to the problem, i.e., how much of each of the feeds do you use? What is the minimum cost of purchasing the cost minimizing solution (5 Points)? (Please note that the answers may not come out clean integer values. Please round all answers to two decimal places.) 4. Suppose that you wanted to limit the usage of corn and soybeans because they are both high in sodium content. To meet this new sodium constraint you want at least 95% of the total weight to come from lettuce, wheat, and rye. What mathematical constraint would you need to add to your mathematical model to incorporate this idea (10 Points)? 5. How much more is this new constraint costing you if you feed cost minimizing ration to the rhinoceros (10 Points)? (Please show your work on the spreadsheet and give a brief explanation in a textbox on how you found this answer.) Page 3 of 3 Revised: 10/20/14