Question: Please solve in Excel and explain all the steps, thank you! 1. Set up the following problem in standard form in worksheet. Solve the problem

Please solve in Excel and explain all the steps,Please solve in Excel and explain all the steps, thank you!

1. Set up the following problem in standard form in worksheet. Solve the problem to find out how many of Product A and B should be made each month to obtain the maximum revenue using the Excel Solver. Make sure that you select linear and simplex LP. You do not need to graphically solve this problem. That was just to show you how the concept works. A manufacturing plant makes two different types of products. Product A has a profit of $50 and product B has a profit of $60. Product A requires 10 hours of labor and product B requires 12 hours of labor. Product A requires 20KWs of power to make, while Product B requires 10KWs of power to make. The plant cannot make more than 30 of product B each month due to market saturation. There are a total of 900 labor hours and a total of 1000KW of power available each month

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