PLEASE USE EXCEL ON ANSWERING THE QUESTIONS. MAKE SURE TO TAKE A SCREENSHOT STEP BY STEP OF HOW YOU DID THE SOLUTIONS IN EXCEL. ANSWER THIS COMPLETELY TO GET AN UPVOTE. I POSTED A LOT OF THIS, IF YOU SEE THIS AGAIN, YOU CAN SEND THE SAME SOLUTIONS, I WILL STILL UPVOTE DO NOT WORRY, JUST GIVE ME THE CORRECT SOLUTIONS AND ANSWERS.I REPEAT, ONLY EXCEL PROBLEM 4The Pee Tool Shop has four heavy presses it uses to stamp out prefabricated metal covers and housingsfor electronic consumer products. All four presses operate differently and are of different sizes.Currently the firm has a contract to produce three products. The contract calls for 400 units of product1; 570 units of product 2; and 320 units of product 3. The time (in minutes) required for each productto be produced on each machine is as follows:Product123135Product12340381P78Machine67842413637Machine 1 is available for 150 hours, machine 2 for 240 hours, machine 3 for 200 hours, and machine4 for 250 hours. The products also result in different profits, according to the machine they areproduced on, because of time, waste, and operating cost. The profit per unit per machine for eachproduct is summarized as follows:Machine33432332P78898143943403P8292904P796358The company wants to know how many units of each product to produce on each machine tomaximize profit. Solve the model by using the computer.

Product 1 Product 2 Product 3 Available Time Contract Size 400 570 320 Required Time…

Answered: PROBLEM 4 The Pee Tool Shop has four…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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PLEASE USE EXCEL ON ANSWERING THE QUESTIONS. MAKE SURE TO TAKE A SCREENSHOT STEP BY STEP OF HOW YOU DID THE SOLUTIONS IN EXCEL. ANSWER THIS COMPLETELY TO GET AN UPVOTE. I POSTED A LOT OF THIS, IF YOU SEE THIS AGAIN, YOU CAN SEND THE SAME SOLUTIONS, I WILL STILL UPVOTE DO NOT WORRY, JUST GIVE ME THE CORRECT SOLUTIONS AND ANSWERS.

I REPEAT, ONLY EXCEL

PROBLEM 4
The Pee Tool Shop has four heavy presses it uses to stamp out prefabricated metal covers and housings
for electronic consumer products. All four presses operate differently and are of different sizes.
Currently the firm has a contract to produce three products. The contract calls for 400 units of product
1; 570 units of product 2; and 320 units of product 3. The time (in minutes) required for each product
to be produced on each machine is as follows:
Product
1
2
3
1
35
Product
1
2
3
40
38
1
P78
Machine
67
84
2
41
36
37
Machine 1 is available for 150 hours, machine 2 for 240 hours, machine 3 for 200 hours, and machine
4 for 250 hours. The products also result in different profits, according to the machine they are
produced on, because of time, waste, and operating cost. The profit per unit per machine for each
product is summarized as follows:
Machine
3
34
32
33
2
P78
89
81
4
39
43
40
3
P82
92
90
4
P79
63
58
The company wants to know how many units of each product to produce on each machine to
maximize profit. Solve the model by using the computer.

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