Question: Solve the following problem using Excel Solver and answer the following questions. Given the following linear programming formulation -- Maximize Z = 1,600x 1 +

Solve the following problem using Excel Solver and answer the following questions.

Given the following linear programming formulation --

Maximize Z = 1,600x1 + 3,000x2

Subject to:

40x1 + 25x2 80,000

20x1 + 30x2 60,000

x1 0

x2 0

1.) Set up the Solver problem in Excel and ask Solver to solve the problem. Upload a copy of Solver's solution here.

2.) What is the Goal of this problem?

A. Determine the number of X1 to produce

B. Determine the number of X2 to produce

C. Maximize Z

D. Maximize X1 and X2

3.) How many of X1 should be produced? How many of X2 should be produced? What is the maximized value of Z?

4.) Are all of the constraints met?

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