Question: USE EXCEL Formulate the following linear programming problem. A firm wants to determine how many units of each of two products (products D and E)
USE EXCEL
Formulate the following linear programming problem. A firm wants to determine how many units of each of two products (products D and E) they should produce to make the most money. The profit in the manufacture of a unit of product D is $100 and the profit in the manufacture of a unit of product E is $87. Although the firm can readily sell any amount of either product, it is limited by its total labor hours and total machine hours available. The total labor hours per week are 4,000. Product D takes 5 hours of labor per unit and product E takes 7 hours of labor per unit. The total machine hours are 5,000 per week. Product D takes 9 hours of machine time per unit and product E takes 3 hours of machine time per unit.
USE EXCEL
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