Problem 2. A shop assistant of a flower shop has 2 hours before openingthe shop. During this time he makes wreaths and bouquets. The flower shophas 4 metal frame and 18 roses. Everything else is unlimited. The followingtable (the technological matrix) shows how much each product needs fromeach resource:metal frame.rosetime (min)wreath bouquet10315215stocks418120The profit of a wreath is 400, the profit of a bouquet is 300. How much toprepare the shop assistant from these products to maximize profit?Formulate the optimization model of the problem. Solve the problem gra-phically.

For this Q, I would formulate the LP optimization model, then, I would solve this problem…

Answered: The profit of a wreath is 400, the…

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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The profit of a wreath is 400, the profit of a bouquet is 300. How much to prepare the shop assistant from these products to maximize profit? Formulate the optimization model of the problem. Solve the problem gra- phically.