PLEASE USE SIMPLEX METHOD. Thank you! Manufacturer of bicycles builds racing, touring, and mountain models. The bicycles are made of both aluminum and steel. The company has available 9793 units of steel and 7430 units of aluminum. The racing, touring, and mountain models need 16, 13, and 18 units of steel and 15,9, 14 units of aluminum, respectively. The company makes a profit of $22 per racing bike, $38 per touring bike and $24 per mountain bike. Assume that the company wants to maximize their profit, what is the schedule and the optimum solution,

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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PLEASE USE SIMPLEX METHOD. Thank you! Manufacturer of bicycles builds racing, touring, and mountain models. The bicycles are made of both aluminum and steel. The company has available 9793 units of steel and 7430 units of aluminum. The racing, touring, and mountain models need 16, 13, and 18 units of steel and 15,9, 14 units of aluminum, respectively. The company makes a profit of $22 per racing bike, $38 per touring bike and $24 per mountain bike. Assume that the company wants to maximize their profit, what is the schedule and the optimum solution,Manufacturer of bicycles builds racing, touring, and mountain models. The bicycles are made of both aluminum and steel. The company has available 9793 units of steel and 7430 units of aluminum. The racing, touring, and mountain models need 16, 13, and 18 units of steel and 15, 9, 14 units of aluminum, respectively. The company makes a profit of $22 per racing bike, $38 per touring bike and $24 per mountain bike. Assume that the company wants to maximize their profit, what is the schedule and the optimum solution,
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