Question: The problem below involves three variables. Solve it with the simplex method, Excel, or some other technology. A contractor builds three types of houses: the

The problem below involves three variables. Solve it with the simplex method, Excel, or some other technology. A contractor builds three types of houses: the Aries, the Belfair, and the Wexford. Each house requires one lot, and the following table gives the number of labor-hours and the amount of capital needed for each type of house, as well as the profit on the sale of each house. There are 14 lots, 56,100 labor-hours, and $3,963,800 available for the contractor's use.

Aries Belfair Wexford
Labor-hours 3,000 3,700 5,000
Capital $205,000 $279,600 $350,000
Profit $20,000 $25,000 $30,000

(a) Building how many of each type of house will maximize his profit?

Aries houses
Belfair houses
Wexford houses

(b) What is the maximum possible profit?

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