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buisness modeling question For Questions 2-4: (a) Formulate a model for this problem, taking care to define each of the variables used. (b) Solve the
buisness modeling question
For Questions 2-4: (a) Formulate a model for this problem, taking care to define each of the variables used. (b) Solve the model using Excel. (c) State the recommendation. 2. A machine shop makes pipes for the oil and gas industry in lengths of 240cm and 400cm. The shorter pipes give a profit of $150 each, while each long pipe gives a profit of $270. They can sell at most 900 of the 240cm pipes and at most 800 of the longer ones. Each pipe spends time on three machines as follows: For every long pipe made, there must be at least two short pipes made. For every pair of long pipes made, there can be at most five short pipes made Step by Step Solution
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