A manufacturing firm produces two products. Each product must undergo an assembly process and a finishing process.

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A manufacturing firm produces two products. Each product must undergo an assembly process and a finishing process. It is then transferred to the warehouse, which has space for only a limited number of items. The firm has 80 hours available for assembly and 112 hours for finishing, and it can store a maximum of 10 units in the warehouse. Each unit of product 1 has a profit of $30 and requires 4 hours to assemble and 14 hours to finish. Each unit of product 2 has a profit of $70 and requires 10 hours to assemble and 8 hours to finish. The firm wants to determine the quantity of each product to produce in order to maximize profit.

a. Formulate a linear programming model for this problem.

b. Solve this model by using graphical analysis. LO.1

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