Question: Adding a second product to a production model. recall the production model from section 1 . 3 max 1 0 x s . t .

Adding a second product to a production model. recall the production model from section 1.3 max 10x s.t.5x<40 x<0. Suppose the firm in this example isconsiders a second product that has a unit price of $5 and requires 2hours of production time for each unit produced. use y as the number of units of product 2 produced. a.show the mathematical model where both products are considered simultaneously. b. identify the contrallable and uncontrollable inputs for this model. c. what are the optimal solution value for x and y. d. is the model developed in part a a deterministic or scholistic model. explain.

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