Excel & Solver: Practice Exercises

See the accompanying handout named Excel & Solver: Hands-on Modeling Practice Exercises
available at this URL: http://faculty.fuqua.duke.edu/~pecklund/excelreview/ExcelReview.htm

The three exercises included here are:

Blue-Ridge Hot Tubs
The "Blue Ridge Basic" tab - the problem in a model.
The "Blue Ridge Formulas" tab - the model formulas displayed.
The "Blue Ridge Solver" tab - Solver's solution.
Wood Walker
The "Wood Walker Basic" tab - the problem in a model.
The "Wood Walker Formulas" tab - the model formulas displayed.
The "Wood Walker Solver" tab - Solver's solution.
Electro-Poly
The "Electro-Poly Basic" tab - the problem in a model.
The "Electro-Poly Formulas" tab - the model formulas displayed.
The "Electro-Poly Solver" tab - Solver's solution.

For maximum challenge, just use the handout problem descriptions and build your own models.
If you'd like some help getting started, work with the "basic" spreadsheet for each exercise.
If you need more assistance figuring out how to proceed, see the additional spreadsheets
for each exercise that show formulas and the use of Solver.
actice Exercises
w/ExcelReview.htm

your own models.

each exercise.
preadsheets
 Blue Ridge Basic

Blue Ridge Hot Tubs Return to Home Page

Total Profit:

Aqua-Spa Hydro-Lux
Number to make: 0 0
Unit profit: $350 $300

Constraints: Used: Available:

Pumps required: 1 1 200
Labor required: 9 6 1,566
Tubing required: 12 16 2,880

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 Blue Ridge Formulas

Blue Ridge Hot Tubs Return to Home Page

Total Profit: $0

Aqua-Spa
Hydro-Lux
to make: 0 0
it profit: $350 $300

straints: Used: Available:

required: 1 1 0 200
required: 9 6 0 1,566
required: 12 16 0 2,880

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 Blue Ridge Solver

Blue Ridge Hot Tubs Return to Home Page

Total Profit: $66,100

Aqua-Spa Hydro-Lux
Number to make: 122 78
Unit profit: $350 $300

Constraints: Used: Available:

Pumps required: 1 1 200 200
Labor required: 9 6 1,566 1,566
Tubing required: 12 16 2,712 2,880

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 Wood Basic

Wood Walker Furniture Model Return to Home Page

------------------ Time per Table ------------------

Model # Made Cutting Assembling Painting Profit/Table

A 1 2 4 $35
B 2 4 4 $40
B unptd. 2 4 0 $20
C 3 7 5 $50
Capacity avail: 200 300 150
Capacity used:
Slack capacity:
Total profit:

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 Wood Formulas

Wood Walker Furniture Model Return to Home Page

------------------ Time per Table ------------------

Model # Made Cutting Assembling Painting

A 10 1 2 4
B 20 2 4 4
B unptd. 30 2 4 0
C 5 3 7 5
pacity avail: 200 300 150
pacity used: 125 255 145
ck capacity: 75 45 5
otal profit: $2,000

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 Wood Formulas

Profit/Table
$35
$40
$20
$50

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 Wood Solver

Wood Walker Furniture Model Return to Home Page

------------------ Time per Table ------------------

Model # Made Cutting Assembling Painting Profit/Table

A 38 1 2 4 $35
B 0 2 4 4 $40
B unptd. 56 2 4 0 $20
C 0 3 7 5 $50
Capacity avail: 200 300 150
Capacity used: 150 300 150
Slack capacity: 50 0 0
Total profit: $2,438

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 Electro-Poly Basic

Electro-Poly Corporation Model Return to Home Page

Total Cost:

---------- Slip Rings ----------

Number to Model 1 Model 2 Model 3
Make: 0 0 0
Buy: 0 0 0

Cost to
Make: $50 $83 $130
Buy: $61 $97 $145

# Available:
# Needed: 3,000 2,000 900

Hours required Used: Available:

Wiring: 2 1.5 3 10,000
Harnessing: 1 2 1 5,000

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 Electro-Poly Formulas

Electro-Poly Corporation Model Return to Home Page

Total Cost: $1,315

---------- Slip Rings ----------

Number to Model 1 Model 2 Model 3
Make: 5 5 5
Buy: 0 0 0

Cost to
Make: $50 $83 $130
Buy: $61 $97 $145

# Available: 5 5 5
# Needed: 3,000 2,000 900

Hours required Used: Available:

Wiring: 2 1.5 3 33 10,000
Harnessing: 1 2 1 20 5,000

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 Electro-Poly Solver

Electro-Poly Corporation Model Return to Home Page

Total Cost: $433,000

---------- Slip Rings ----------

Number to Model 1 Model 2 Model 3
Make: 3000 2000 900
Buy: 0 0 0

Cost to
Make: $50 $83 $130
Buy: $61 $97 $145

# Available: 3,000 2,000 900

# Needed: 3,000 2,000 900

Hours required Used: Available:

Wiring: 2 1.5 3 11,700 10,000
Harnessing: 1 2 1 7,900 5,000

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