Jim's Camera shop sells two high-end cameras, the Sky Eagle and Horizon. The demands for these two cameras are as follows: D = demand for the Sky Eagle, Ps is the selling price of the SkyEagle, D is the demand for the Horizon, and PH is the selling price of the Horizon.Ds = 223 -0.60PS +/0.35PHDH = 273 +0.10PS - 0.64PHThe store wishes to determine the selling price that maximizes revenue for these two products. Develop the revenue function for these two models. (Enter your answer in terms of P and P.)revenue =Find the prices that maximize revenue. (Round your answers to two decimal places.)(PS, PH) =

When any optimization problem contains one or more than one nonlinear constraint in its objective function, it is termed as nonlinear optimization problem. For example, the cost of production decreases with an increase in the quantity of production. Another example can be market stock price, due to uncertainty or instability the prices of stocks keeps fluctuating. Extract the data as provided below: = Demand of SE = Demand of H = Selling price of SE = Selling price of H The demand of camera SE and H are defined below: DS=223 - 0.60 PS + 0.35 PH DS=273 + 0.10 PS - 0.64 PH Define revenue function as stated below:Calculate total revenue using MS excel spreadsheet as shown below: The output of formulated spreadsheet is provided below: Now, click ‘Data’, open ‘Solver’, insert data, and click ‘Solve’, as shown below: The output is provided below: Hence, the selling price of camera SE and H should be kept $308.38 and $326.80 to maximize the revenue. The maximum revenue price is $78993.68.