Question: dont use excel. please help!!! 5. Continue from problem 4. A more detail analysis of various cost and revenue factors revealed that potential profit from

dont use excel. please help!!!

dont use excel. please help!!! 5. Continue from

5. Continue from problem 4. A more detail analysis of various cost and revenue factors revealed that potential profit from producing the new product for each customer cannot be expressed simply in terms of a setup fee and a fixed net revenue per product produced. Instead, the profits are given by the following table. Formulate a BIP model for this problem that includes constraints for mutually exclusive alternatives. (10%) Neglect the setup fee, use dynamic programming to solve the problem (15%) Product produced 0 3 Profit from each customer 2 0 0 2 4 5 4 0 0 1 1 2 7 2 3 4 5 2 4 6 8 8 9 6 7 8 5. Continue from problem 4. A more detail analysis of various cost and revenue factors revealed that potential profit from producing the new product for each customer cannot be expressed simply in terms of a setup fee and a fixed net revenue per product produced. Instead, the profits are given by the following table. Formulate a BIP model for this problem that includes constraints for mutually exclusive alternatives. (10%) Neglect the setup fee, use dynamic programming to solve the problem (15%) Product produced 0 3 Profit from each customer 2 0 0 2 4 5 4 0 0 1 1 2 7 2 3 4 5 2 4 6 8 8 9 6 7 8

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