Question: Problem 1 . XYZ Electronics production scheduleXYZ Electronics ( XYZE ) produces three types of electronic devices: smartphones ( S ) , tablets ( T

Problem 1. XYZ Electronics production scheduleXYZ Electronics (XYZE) produces three types of electronic devices: smartphones (S), tablets (T), and smartwatches (W). The production process for each device requires time on three different machines: Machine A, Machine B, and Machine C. The company operates these machines for a limited number of hours each month. Additionally, there is a constraint on the total labor hours available per month. The company aims to maximize its monthly profit considering the constraints of machine hours and labor availability. Due to previous contractual commitments, there are minimums that need to be produced for each product the following month. A description of the parameters defining XYZE situation are as follows:Machine Hours Required:Smartphone (S): Machine A (1.5 hours), Machine B (1 hour), Machine C (0.5 hours)Tablet (T): Machine A (1 hour), Machine B (2 hours), Machine C (1 hour)Smartwatch (W): Machine A (0.5 hours), Machine B (1 hour), Machine C (1.5 hours)Total Available Machine Hours per month:Machine A:1600 hoursMachine B: 1500 hoursMachine C: 1300 hoursLabor Hours Required:Per unit of Smartphone (S): 2 hoursPer unit of Tablet (T): 3 hoursPer unit of Smartwatch (W): 1.5 hoursTotal Available Labor Hours:1800 hours per monthProfit Margins:Per unit of Smartphone (S): $200Per unit of Tablet (T): $250Per unit of Smartwatch (W): $150Minimum production per product by contract:Smartphone (S): 200 unitsTablets (T): 150 unitsSmartwatches (W): 300 unitsSolving a problem using Lingo.Solve problem 1 using Lingo. Document your process, including images of the model and a step-by-step process on what you did to run it. Compare to your answers in problem 1.

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