Question: This is Advance Math particularly Applications of numerical methods. Provide a step by step and clear solutions thank you. Example 1. The Ace Novelty Company

This is Advance Math particularly Applications of numerical methods. Provide a step by step and clear solutions thank you.

This is Advance Math particularly Applications of numerical methods. Provide a step

Example 1. The Ace Novelty Company wishes to produce two types of souvenirs: type A and type B. Each type-A souvenir will result in a profit of $1, and each type-B souvenir will result in a prot of $l.20. To manufacture a Type-A souvenir requires 2 minutes on machine I and 1 minute on machine 11. A typeB souvenir requires I minute on machine I and 3 minutes on machine II. There are 3 hours available on machine I and 5 hours available on machine [I for processing the order. How man).r souvenirs of each type should Ace make in order to maximize the prot

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