Write the objective function in words at the first row. . Use suitable names for the variables . Name the address of each cel . Use the function of "IF". Problem: Randy produces the chair. The price of a chair is $35 for a demand that is less than or equals 50 chairs. The price of a chair is $27 for a demand that is greater than or equals 51 chairs. The fixed cost of using electricity is $440 per month. . The fixed cost of accepting a demand is S35. . The cost of producing a chair is S11 The cost of producing and not selling a chair at the end of the month is $5 Assume there are three demands 20, 50, and 105 chairs for this month. .Thinking about producing 200 chairs at this month Write the objective function in words at the first row. . Use suitable names for the variables . Name the address of each cel . Use the function of "IF". Problem: Randy produces the chair. The price of a chair is $35 for a demand that is less than or equals 50 chairs. The price of a chair is $27 for a demand that is greater than or equals 51 chairs. The fixed cost of using electricity is $440 per month. . The fixed cost of accepting a demand is S35. . The cost of producing a chair is S11 The cost of producing and not selling a chair at the end of the month is $5 Assume there are three demands 20, 50, and 105 chairs for this month. .Thinking about producing 200 chairs at this month