Question: Problem 1 : Gear Up wants to maximize their profits by determining the optimal production quantities for their two most popular backpacks: The ( H
Problem : Gear Up wants to maximize their profits by determining the optimal production quantities for their two most popular backpacks: The H and the Climber C
Data:
Profit per backpack: Hiker is $bag and Climber is $bag
Production time per backpack hours: Hiker is hoursbag and Climber is hourbag
Available production hours per week: hours
Constraints:
Gear Up has limited sewing machine capacity. They can't exceed the total available production hours.
There's also a limitation on fabric availability. Each Hiker backpack uses yards of fabric, while each Climber backpack uses yard
s Gear Up has yards of fabric available per week.
: Solve the Optimization Problem
Question points: On a piece of paper, please use the graphical method we learned in class to identify the feasible region. After you create the graph and label the Feasible Region, please take a picture of your graph, and insert the picture to this word document.
Question points: Based on the graph you developed in question what is the optimal number of Hiker backpacks and Climber backpacks Gear Up should produce to maximize their total weekly profit?
Question points: Based on the graph you developed in question what is the highest total weekly profit Gear Up can achieve?
Question points: Open a blank Excel file and enter the data information you needed to solve this linear problem on Excel. Apply Excel Solver function to solve this problem. Please take a screenshot of your Excel Solver solution and insert the screenshot to this word document.
Question points: Based on the excel output in question what is the optimal number of Hiker backpacks and Climber backpacks Gear Up should produce to maximize their total weekly profit?
Question points: Based on the excel output in question what is the highest total weekly profit Gear Up can achieve?
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