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Back Savers Production Problem
Back Savers Production Problem
Back Savers is a company that produces backpacks primarily for students. They are considering offering some combination of two different modelsthe Collegiate and the Mini.
Both are made out of the same ripresistant nylon fabric. Back Savers has a longterm contract with a supplier of the nylon and receives a squarefoot shipment of the material each week.
Each Collegiate requires square feet while each Mini requires square feet. The sales forecasts indicate that at most Collegiates and Minis can be sold per week.
Each Collegiate requires minutes of labor to produce and generates a unit profit of $ Each Mini requires minutes of labor and generates a unit profit of $
Back Savers has laborers that each provides hours of labor per week. Management wishes to know what quantity of each type of backpack to produce per week in order to maximize the total profit.
a Formulate and solve a linear programming model for this problem on a spreadsheet.
b Formulate this same model algebraicall
Exlpain all your answers with detail especially the excel part
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