Question: Intro to Operations Research (Include all that is asked in the photo below) 5. The Primo Insurance Company is introducing tw new product lines: the

Intro to Operations Research (Include all that is asked in the photo below)

Intro to Operations Research (Include all that is

5. The Primo Insurance Company is introducing tw new product lines: the special risk insurance and mortgages. The expected profit is $5 per unit iof the special risk insurance and $2 per unit of on mortgages. The management wishes to establish sales quotas for the new product lines to maximize total expected profit. The work requirements are as follows: Work Hours Per Unit Special Risk Mortgage Department Underwriting Administration Claims 3 0 2 2 1 0 Work Hours Available 2400 800 1200 (a) Formulate a Linear Programming Model for this probem (b) Use the graphical model to solve the problem (c) Find the optimal solution

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