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Now, using the Solver tool from Excel to find out the quantity of manufacturing or outsourcing that can provide the maximum total profit. A B
Now, using the Solver tool from Excel to find out the quantity of manufacturing or outsourcing that can provide the maximum total profit. A B C 1 Nowlin Plastics 2 3 Parameters 4 Manufactoring Fixed Cost 234000 5 Manufactoring Outsourcing 6 Cost per Unit 2 3 7 Selling Price 15 12 8 9 Model Manufactoring Outsourcing 10 Quantity 1 1 11 12 total profit =SUMPRODUCT(B7:C7,B10:C10)-SUMPRODUCT(B6:C6,B10:C10)-B4 13 14 constraints used available 15 Manufactoring quantity 1 200000 16 outsourcing budget 3 300000 17 total quantity 2 250000
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