Question: Solve the following linear programming question using Excel. ( 2 0 Pts ) . A company is involved in the production of two items (
Solve the following linear programming question using Excel. Pts
A company is involved in the production of two items and The resources need
to produce and are twofold, namely machine time for automatic processing and
craftsman time for hand finishing. The table below gives the number of minutes
required for each item:
The company has hours of machine time available in the next working week but
only hours of craftsman time. Machine time is costed at per hour worked and
craftsman time is costed at per hour worked. Both machine and craftsman idle
times incur no costs. The revenue received for each item produced all production is
sold is for and for The company has a specific contract to produce
items of per week for a particular customer.
Formulate the problem of deciding how much to produce per week in order to achieve
the maximum profit as a linear program.
Solve this linear program using Excel.
PLEASE show me "screenshots" of Excel Formula that you used. I need all the process of the results through Excel.
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