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Kindly solve this asap The local bookstore must determine how many of each of the four new books on photonics it must order to satisfy
Kindly solve this asap
The local bookstore must determine how many of each of the four new books on photonics it must order to satisfy the new interest generated in the discipline. Book 1 costs $60, will provide a prot of $12, and requires 3 inches of shelf Space. Book 2 costs $75, will provide a prot of $10, and requires 4 inches of shelf space. Book 3 costs $100, will provide a prot of $8, and requires 2 inch of shelf space. Book 4 costs $65, will provide a prot of $15, and requires 2 inches of shelf space. Find the number of each type that must be ordered to maximize profit. Total shelf space is 150 inches. Total amount available for ordering is $4000. It has been decided to order at least 10 Book 2. 1) Suppose the number of Book 2 is twice the number of Book 1, and the number of Book 4 is xed as 3, establish the model of the new optimization problem (LP with 2 variables). 2) For the model established in step (2), obtain the graphical solution using MATLAB.|Step by Step Solution
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