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please answer question with sentances Imagine that you are managing a factory that is building three products: TV sets, CD Players and Bluetooth Speakers. Each

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Imagine that you are managing a factory that is building three products: TV sets, CD Players and Bluetooth Speakers. Each product is assembled from parts in inventory, and there are four types of parts: LED Screens, speaker cones, power supplies and electronics units. The required parts (and quantities) for each product is listed in the following table: Cost Per Unit TV CD Player Bluetooth Speaker Units in Inventory 0 1 Part Name / Product Usage LED Screen Speaker Cone Power Supply Electronics 0 2 250 600 $ 51.20 $ 23.20 2 1 0 1 2 450 600 $ 5.90 $ 3.60 1 For Example, to assemble a TV you need 1 LED Screen, 2 Speaker Cones, 1 Power Supply and 2 Electronics. There are three Departments that are used in the production process. The departments and time available in each department is listed in the following table: CD Bluetooth Time Available Cost Per Department TV Player Speaker (hours) Hour Assembly Time 0.45 0.5 0.4 200 $ 14 Inspection/Testing 0.5 0.4 0.4 150 $ 14 Packaging 0.1 0.15 0.2 60 $ 10 For example, a TV requires 45 hours in the Assembly Department, 5 hours in the Inspection Testing Department and 1 hours in the Packaging Department. The selling price of a TV is $200 a CD Player is $120 and a Bluetooth Speaker is $75. Your goal is to determine how many TVs, CD Players and Bluetooth Speakers to produce that will Maximize Total Profit, given the inventory of products on hand and the time available in each department. Question 2: In this problem, I have asked you to use parts used and time required along with the availability of each in the production process. In a "real world" setting, is there anything else that you might consider in the analysis? Question 3: Please describe the Mathematical Statistical Method that you would use to analyze/solve this problem. Imagine that you are managing a factory that is building three products: TV sets, CD Players and Bluetooth Speakers. Each product is assembled from parts in inventory, and there are four types of parts: LED Screens, speaker cones, power supplies and electronics units. The required parts (and quantities) for each product is listed in the following table: Cost Per Unit TV CD Player Bluetooth Speaker Units in Inventory 0 1 Part Name / Product Usage LED Screen Speaker Cone Power Supply Electronics 0 2 250 600 $ 51.20 $ 23.20 2 1 0 1 2 450 600 $ 5.90 $ 3.60 1 For Example, to assemble a TV you need 1 LED Screen, 2 Speaker Cones, 1 Power Supply and 2 Electronics. There are three Departments that are used in the production process. The departments and time available in each department is listed in the following table: CD Bluetooth Time Available Cost Per Department TV Player Speaker (hours) Hour Assembly Time 0.45 0.5 0.4 200 $ 14 Inspection/Testing 0.5 0.4 0.4 150 $ 14 Packaging 0.1 0.15 0.2 60 $ 10 For example, a TV requires 45 hours in the Assembly Department, 5 hours in the Inspection Testing Department and 1 hours in the Packaging Department. The selling price of a TV is $200 a CD Player is $120 and a Bluetooth Speaker is $75. Your goal is to determine how many TVs, CD Players and Bluetooth Speakers to produce that will Maximize Total Profit, given the inventory of products on hand and the time available in each department. Question 2: In this problem, I have asked you to use parts used and time required along with the availability of each in the production process. In a "real world" setting, is there anything else that you might consider in the analysis? Question 3: Please describe the Mathematical Statistical Method that you would use to analyze/solve this

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