Question: PLEASE EXPLAIN FORMULA TO SOLVE DECISION VARIABLE PLEASE!! An air conditioning company manufactures three home air conditioners: a regular model, a super model, and a
PLEASE EXPLAIN FORMULA TO SOLVE DECISION VARIABLE PLEASE!!
An air conditioning company manufactures three home air conditioners: a regular model, a
super model, and a deluxe model. The profits per unit are $$ and $ respectively. The
production requirements per unit and the availability of the three resources are given below:
How many regular models, super models, and deluxe models should the company manufacture in
order to maximize profit?
a Formulate a linear optimization model for this problem.
b Solve this model by using the Excel Solver. Include Excel output with you answer.
c Determine the optimal solution. Interpret and make recommendations based on the optimal
solution.
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