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HELP ASAP also please determine total profit. (the current answers are wrong, i have 5,550 for the profit and that is also wrong) please help!
HELP ASAP also please determine total profit. (the current answers are wrong, i have 5,550 for the profit and that is also wrong) please help!
The Primo Insurance Company is introducing two new product lines: special risk insurance and mortgages. The expected profit is $5 per unit on special risk insurance and $2 per unit on mortgages. Management wishes to establish sales quotas for the new product lines to maximize total expected profit. The work requirements are shown below: Click here for the Excel Data File Formulate and solve a linear programming model for this problem on a spreadsheet. a. Determine the sales quota for special risk and mortgage. Note: Round your answers to 2 decimal places round 2 decimal places.
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