Question: Formulate and solve a Linear Program for the following problem: A company makes both trinkets and gizmos which each require machine time and labor time

Formulate and solve a Linear Program for the

Formulate and solve a Linear Program for the following problem: A company makes both trinkets and gizmos which each require machine time and labor time (both in minutes) to be created. Once created they retail for the costs in the table. There are only 40 hours of machine time and 35 hours of labor time available. Also, at least 10 Trinkets must be created due to an existing contractual oblingation. Machine Labor Retail Trinket 13 20 20 Gizmo 19 25 30 1. $8,420 2. $4,820 3. $2,480 4. $4,280 Which of these items is an assumption that must be satisfied for LP models to be used effectively? 1. Certainty 2. Divisiblity 3. Linearity 4. Nonnegativity

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