Question: what is coreect answer? 1. - [10 points) A company manufactures two types of products. Each product type needs a turning process at the lathe

what is coreect answer? what is coreect answer? 1. - [10 points) A
what is coreect answer? 1. - [10 points) A
1. - [10 points) A company manufactures two types of products. Each product type needs a turning process at the lathe and a milling process at the milling machine. If the lathe is used for type 1 products only, it can process 500 units in a day. If the lathe is used for type 2 products only, it can process 300 units in a day. If the milling machine is used for type 1 products only, it can proces 900 units in a day. If the milling machine is used for type 2 products only, it can process 450 units in a day. The unit profits for product types 1 and 2 are $50 and $75, respectively. Formulate an LP that will maximize the company's daily profit. (a) (2 points) Decision variables? (b) (3 points] Objective and objective function? (c) [5 points) Constraints ? Remark 4: For each question make sure that you have defined and written (both mathematically and conceptually): Decision variables Objective and objective function Constraints

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