Question: Please help me with this question as I'm having a hard time figuring it out. Thanks. A manufacturing firm has discontinued production of a certain

Please help me with this question as I'm having a

Please help me with this question as I'm having a

Please help me with this question as I'm having a

Please help me with this question as I'm having a

Please help me with this question as I'm having a

Please help me with this question as I'm having a hard time figuring it out. Thanks.

A manufacturing firm has discontinued production of a certain unprofitable product line. Considerable excess production capacity was created as a result. Management is considering devoting this excess capacity to one or more of three products: X1, X2, and X3. Machine hours required per unit are MACHINE TYPE Milling machine Lathe Grinder PRODUCT X1 X2 X3 10 2 3 3 2 2 3 2 1 The available time in machine hours per week is Milling machines Lathes Grinders MACHINE HOURS PER WEEK 770 520 240 The salespeople estimate they can sell all the units of X1 and X2 that can be made. But the sales potential of X3 is 90 units per week maximum. Unit profits for the three products are UNIT PROFITS $ 10 X1 X2 X3 9 8 a. Set up the equations that can be solved to maximize the profit per week. (Leave no cells blank - be certain to enter "O" wherever required.) Maximize Z= |X1 + X2 + X3 s.t Milling + X2 + X3 s X1 X1 Lathes + X2 + X3 s TIT X1 + X2 + X3 s Grinders Sales X1 + X2 + X3 s X1, X2, X3 2 b. Solve these equations using the Excel Solver. (Leave no cells blank - be certain to enter "O" wherever required. Round your answers to the nearest whole number.) Decision for X1 Decision for X2 Decision for X3 Total profit Resources Used Milling Lathes Grinders c. How much of each constraint or resource is unused? (Leave no cells blank - be certain to enter "O" wherever required. Round your answers to the nearest whole number.) Slack Variables Hours S1 S2 S3 d-1. Would the machines work at capacity? Milling machines Lathes Grinders d-2. Will X3 be at maximum sales capacity? O Yes O No e. Suppose that an additional 100 hours per week can be obtained from the grinders by working overtime. The incremental cost would be $1.50 per hour. What would be the allowable increase(from the excel sensitivity report) in overtime when compared to additional hours that can be obtained? The allowable increase (from the Excel sensitivity report) in overtime is the additional hours that can be obtained

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