Need help QUESTION THREE(a) A firm manufactures three products A, B and C. The profits are K3, K2 and K4respectively. The firm has two machines and the required processing time in minutes foreach machine on each product is given below.MachineProductAB435Y4Machines X and Y have 2,000 and 1,500 machine – minutes respectively. The firm mustmanufacture 100 A's, 200 B's and 50 C's but no more than 150 A'sSet up an L.P. model to maximize the profit.Solve the L.P. model by simplex method.i.ii.

Answered: Machines X and Y have 2,000 and 1,500…

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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Machines X and Y have 2,000 and 1,500 machine – minutes respectively. The firm must manufacture 100 A's, 200 B's and 50 C's but no more than 150 A's i. Set up an L.P. model to maximize the profit. Solve the L.P. model by simplex method. ii.