Question: Please include all the steps and explanations when solving this in Excel. We continue to consider the problem of the small manufacturing firm that must

Excel. We continue to consider the problem of the small manufacturing firm

Please include all the steps and explanations when solving this in Excel.

We continue to consider the problem of the small manufacturing firm that must plan its production for the next production period. All of the relevant data is again repeated in the following table and also already copied onto the two spreadsheets Q1(a) and Q1(b) in your exam workbook. (b) On a new spreadsheet, modify your prior model to a mixed-integer linear program for maximizing the total profit that takes setup costs into account. Find its new solution. [10 marks]

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