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1. The ELIE Corporation manufactures two industrial-sized electrical devices: generators and alternators. Both of these products require wiring and testing during the assembly process. Each

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1. The ELIE Corporation manufactures two industrial-sized electrical devices: generators and alternators. Both of these products require wiring and testing during the assembly process. Each generator requires 4 hours of wiring and 2 hour of testing and can be sold for a $451} prot. Eadt alternator requires 5 hours of wiring and 1 hours of testing and can he sold for a $200 prot. There are 250 hours of wiring time and 14D hours of testing time avaahle in the next production peliod and ELC wants to maximize profit. a} Use the graphical approach to solve this LP problem. b} Formulate a spreadsheet model and use Solver to solve this LP problem. c} Suppose the company can acquire additional wiring time at a very favorable cost. Should it do so? Why or why not? d} How much of a premium {above current costs} would the company be willing to spend to get an extra hour of testing time

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