Question: Could you please help solve this problem without using Excel? Thanks! Question 3 15 pts QUESTION 3: Jason Chu is considering starting a children's fashion

Could you please help solve this problem without using Excel? Thanks!

Question 3 15 pts QUESTION 3: Jason Chu is considering starting a children's fashion boutique. However, he has only a limited budget of $35,000 to make his initial purchases. Jason divides the products into 4 areas: shoes, dresses, jeans, and shorts. The demand and costs are given below: Shoes Dresses Jeans Shorts Monthly Demand 200 400 450 250 Cost per unit $30 $50 $40 $20 Ordering Cost/order $50 $100 $150 $70 The difference in ordering costs is due to the fact that Jason purchases these products from different locations. They include the cost of Jason's time in making purchases. Assume holding costs are 30% and are based on the cost of the product. 1. Find the optimal quantities that Jason should purchase of each type of product so that he does not exceed his budget. 2. If Jason could purchase all the items at the same location, would that alter your solution? Why

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