Question: A product can be produced on four different machines. Each Machine has a production cost per unit processed and a production capacity (Cap). Using excel

A product can be produced on four different

A product can be produced on four different machines. Each Machine has a production cost per unit processed and a production capacity (Cap). Using excel solver and LP formulate the model and find the least cost schedule on the machines for the production of 2556 units/day Be sure to have solver produce the sensitivity report. Then discuss the reduced cost for each decision variable and the shadow price for each constraint. Cost/unit Cap/day Machine 1 17 1001 Machine2 22 1632 Machine 3 21 1581 Machine4 24 1713

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