Question: please use LINGO and Excel solver Problem 2: Bicycle factories A small business makes 3-speed and 10-speed bicycles at two different factories. Factory A produces
please use LINGO and Excel solver
Problem 2: Bicycle factories A small business makes 3-speed and 10-speed bicycles at two different factories. Factory A produces 163 -speed and 2010 -speed bikes in one day while factory B produces 123 -speed and 2010 -speed bikes daily. It costs $1000 /day to operate factory A and $800 /day to operate factory B. An order for 963 -speed bikes and 14010 -speed bikes has just arrived. How many days should each factory be operated in order to fill this order at a minimum cost? What is the minimum cost? Please answer the questions graphically, using LINGO and using Excel solver. (Please take screenshots for LINGO results and Excel solver)
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