Question: 1 . A manager wants to know how many units of each product to produce on a daily basis in order to achieve the highest
A manager wants to know how many units of each product to produce on a daily basis in order to achieve the highest possible profit. The manager manages three products mathrmAmathrmB and C that require input from two material types M and M along with labor. The material and Labor requirements for the products are shown in the following table Example: Product A uses pounds of M pounds of M and hours of Labor M costs $ pound, while M costs $ pound and finally, labor cost is $ hour. Product A sells for $ B for $ and C for $ per unit The daily available resources are pounds of M pounds of M and hours of Labor. The manager is required to produce daily a minimum of units of each product. AExcel model Formulate and solve an Excel optimization problem to obtain the optimal daily production plan.
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