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PROBLEM: SOLVER APPLICATION MICHAEL MAKES DIAMOND BRACELETS, NECKLACES, AND EARNINGS. HE WANTS TO WORK A MAXIMUM OF 160 HOURS PER MONTH. HE HAS 800 OUNCES OF DIAMONDS AVAILABLE. THE PROFIT, LABOR TIME, AND OUNCES OF DIAMONDS, REQUIRED TO PRODUCE EACH PRODUCT ARE IN THE TABLE BELOW. IF DEMAND IS UNLIMITED, HOW CAN MICHAEL MAXIMIZE HIS PROFIT ? (THAT IS, HOW MUCH OF EACH PRODUCT TO MANUFACTURE ?) UNIT PRODUCT BRACELET NECKLACE EARNINGS PROFIT $300,00 $200,00 $100,00 REQUIRED: LABOR HRS PER UNIT 0,35 0,15 REQUIRED: OUNCES OF DIAMONDS PER UNIT 1,20 0,75 0,50 0,05 PROBLEM: SOLVER APPLICATION MICHAEL MAKES DIAMOND BRACELETS, NECKLACES, AND EARNINGS. HE WANTS TO WORK A MAXIMUM OF 160 HOURS PER MONTH. HE HAS 800 OUNCES OF DIAMONDS AVAILABLE. THE PROFIT, LABOR TIME, AND OUNCES OF DIAMONDS, REQUIRED TO PRODUCE EACH PRODUCT ARE IN THE TABLE BELOW. IF DEMAND IS UNLIMITED, HOW CAN MICHAEL MAXIMIZE HIS PROFIT ? (THAT IS, HOW MUCH OF EACH PRODUCT TO MANUFACTURE ?) UNIT PRODUCT BRACELET NECKLACE EARNINGS PROFIT $300,00 $200,00 $100,00 REQUIRED: LABOR HRS PER UNIT 0,35 0,15 REQUIRED: OUNCES OF DIAMONDS PER UNIT 1,20 0,75 0,50 0,05