Question
A company makes two products - product A and product B which are sold at a profit per unit of $60 and $100, respectively. The
A company makes two products - product A and product B which are sold at a profit per unit of $60 and $100, respectively. The three resources used to make these products are summarized in the table below. The excel model setup is provided in theExam 1 Excel Template. Complete the excel model spreadsheet by entering the required totals calculations and use Solver to maximize the total profit. Use the results to answer the following questions.
Product A | Product B | Total Resources Available | |
Resource X | 0 | 4 | 140 |
Resource Y | 4 | 8 | 296 |
Resource Z | 6 | 0 | 186 |
A. What is the total profit? ____________________
B. Product A number of units? ____________________
C. Product B number of units? ____________________
D. Resource X total? ____________________
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