Question: can you show detailed steps to using solver on exel 37 A manufacturer produces three products: Alpha, Beta, and Gamma. Instead of producing them, the
can you show detailed steps to using solver on exel
37 A manufacturer produces three products: Alpha, Beta, and Gamma. Instead of producing them, the manufacturer can also purchase products from a supplier. Production costs, purchase costs, manufacturing times, and demands are as follows: Product Production Cost ($/u) Purchase Cost ($/u) Manufacturing Time (minutes/u) Demand (u) Alpha 33 35 6.5 6,000 Beta 40 3.5 5,000 Gamma 25 29 5.6 8,000 The manufacturer must satisfy the demand of the three products. However, manufacturing capacity is limited. The manufacturer has only 950 hours of regular manufacturing time and 200 hours of overtime. Overtime involves a premium at the additional cost of $50 per hour. The manufacturer wants to keep its costs as low as possible while satisfying the product demand. How many units should the manufacturer produce and purchase? Show the mathematical expression of the LP model and its optimal solution
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