Question 1An NC winery makes 4 types (1-4) of wine measured in gallons per year.Maximize profit.Formulate the LP and solve in a solver.Production involves Labor, Tank mixing time, Warehouse Aging.Local emissions laws limit total annual production to 100000 gallonsWine gallon61220301234profit Labor Hrs TankHrsgallon.5.511.532000Capacity:gallon.2.3.3.512000Answers rounded DOWN to nearest integer:Total annual profit 68Total amount of wine 1 in optimal solutionTotal amount of wine 4 in optimal solutionAgingWarehouse.3333 year1year2years3.333years50000gallons

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Answered: An NC winery makes 4 types (1-4) of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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