Question: A manufacturer produces three models ( A , B , and C ) of a certain product using iron and copper as raw materials. The
A manufacturer produces three models A B and C of a certain product using iron and copper as
raw materials. The following table shows the amount of raw material required in the production of
each model and the total amount of raw material available.
Requirements per unit lb
Raw material A B C Availability lb
Iron
Copper
The following table shows the minimum demand available in the market for each model and the
profit per unit contributions.
A B C
Minimum demand
Profit per unit $
How many units of each product should be produced to maximize profit?
a Define the variables.
b State the formulation of the optimization model.
c Solve the problem using Excel Solver, and submit your Excel file in Canvas. State the optimal
solution of the problem here.
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