Question: Note: This problem requires the use of a linear programming application such as Solver or Analytic Solver. A bakery produces both pies and cakes. Both

Note: This problem requires the use of a linear

Note: This problem requires the use of a linear programming application such as Solver or Analytic Solver. A bakery produces both pies and cakes. Both products use the same materials (flour, sugar and eggs) and both have a setup cost ($100 for cakes, $200 for pies). The baker earns a profit of $10 per cake and $12 per pie and can sell as many of each as it can produce. The daily supply of flour, sugar and eggs is limited. To manage the decision-making process, an analyst has formulated the following linear programming model (assume that it is possible to produce fractional pies and cakes for this example): Max 10x1 + 12x2 - 10001 - 2002 s.t. 5x1 + 10x2 1000 (Constraint 1} 2x1 + 5x2 * 2500 (Constraint 2] 2x1 + 1x2 > 300 Constraint 3} My1 > x1 [Constraint 4} My2 ? x2 (Constraint 5) 1, if product jis produced Yi = 0, otherwise Set up the problem in Excel and find the optimal solution. What is the optimal production schedule

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