Question: Operations Research Optimization Please include Excel screenshot Thank you, will upvote Background Gallo manufacturer Co. produces leather Jackets, Back Bags, and Wallets. Price and resource

Operations Research Optimization Please include Excel screenshot Thank you, will upvote

Operations Research Optimization Please include

Background Gallo manufacturer Co. produces leather Jackets, Back Bags, and Wallets. Price and resource requirements of each product along with resource availability are given in the table below. Wallets 65 Availability Price ($) Leather (m2) Labor (hours) Machining (hours) Jackets 300 9 11 Back Bags 85 10 4 1 5 2 1 750 850 200 2 Analyses 1. (5 points) Define the LP model. 2. (10 points) Use EXCEL Solver to determine the optimum production mix, show your steps with Excel screenshots, and explain the solution. 3. (5 points) Based on the optimal solution of your model, which resource availability do you recommend reducing in the storage? Explain your answer. 4. (15 points) Obtain the sensitivity report of EXCEL Solver and explain the report in detail

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