Homework 3

Advanced Business Analytics

Ali Fattahi

Chapter 6: problems 50 and 90.

 For both problems, develop algebraic models and spreadsheet models.

 For problem 50, complete the attached GAMS model, make sure it runs and finds an optimal solution.
GAMS model is not required for problem 90.

 Note 1. Please use the attached “Answer Sheet- HW3.xlsx” to prepare your submission. You need to complete
this Excel file and submit it on Blackboard.
 Note 2. In the attached "Answer Sheet – HW3.xlsx" there is a summary sheet where you need to paste your
final results/answers. Your spreadsheet models should be in two separate sheets (in the same file).
 Note 3. Your algebraic models should be placed in the summary sheet of the "Answer Sheet – HW3.xlsx".
 Note 4. Upload the completed GAMS code file on Blackboard along with the "Answer Sheet – HW3.xlsx”.