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A manufacturer produces both widgets and gadgets. Widgets generate a profit of $50 each and gadgets have a profit margin of $75 each. To produce each item, a setup cost is incurred. This setup cost is $600 for widgets and $400 for gadgets. Widgets consume 7 units of raw material A and 7 units of raw material B. Gadgets consume 6 units of raw material A and 2 units of raw material B. Each day, the manufacturer has 400 units of each raw material available. Assume that it is possible to produce fractional quantities of widgets and gadgets. Set up the problem in Excel and find the optimal solution. a. The manufacturer widgets and gadgets. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.) b The manufacturer will produce widgets and gadgets (Round your answer to 2 decimal places.) CThe manufacturer's profit will be

A manufacturer produces both widgets and gadgets. Widgets generate a profit of $50 each and gadgets have a profit margin of $75 each. To produce each item, a setup cost is incurred. This setup cost is $600 for widgets and $400 for gadgets. Widgets consume 7 units of raw material A and 7 units of raw material B. Gadgets consume 6 units of raw material A and 2 units of raw material B. Each day, the manufacturer has 400 units of each raw material available. Assume that it is possible to produce fractional quantities of widgets and gadgets. Set up the problem in Excel and find the optimal solution. a. The manufacturer widgets and gadgets. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.) b The manufacturer will produce widgets and gadgets (Round your answer to 2 decimal places.) CThe manufacturer's profit will be

Computer Networking: A Top-Down Approach (7th Edition)
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
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A manufacturer produces both widgets and gadgets. Widgets generate a profit of $50 each and gadgets have a profit margin of $75 each. To produce each item, a setup cost is incurred. This setup cost is $600 for widgets and $400 for gadgets. Widgets consume 7 units of raw material A and 7 units of raw material B. Gadgets consume 6 units of raw material A and 2 units of raw material B. Each day, the manufacturer has 400 units of each raw material available. Assume that it is possible to produce fractional quantities of widgets and gadgets. Set up the problem in Excel and find the optimal solution. a. The manufacturer widgets and gadgets. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.) widgets and b. The manufacturer will produce gadgets (Round your answer to 2 decimal places.) The manufacturer's profit will be C.
Transcribed Image Text:A manufacturer produces both widgets and gadgets. Widgets generate a profit of $50 each and gadgets have a profit margin of $75 each. To produce each item, a setup cost is incurred. This setup cost is $600 for widgets and $400 for gadgets. Widgets consume 7 units of raw material A and 7 units of raw material B. Gadgets consume 6 units of raw material A and 2 units of raw material B. Each day, the manufacturer has 400 units of each raw material available. Assume that it is possible to produce fractional quantities of widgets and gadgets. Set up the problem in Excel and find the optimal solution. a. The manufacturer widgets and gadgets. (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to 2 decimal places.) widgets and b. The manufacturer will produce gadgets (Round your answer to 2 decimal places.) The manufacturer's profit will be C.
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