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Please use excel and solver within excel with the parameters and formulas Dr. Chiang helped XYZ company optimize its production decision to maximize the firm's
Please use excel and solver within excel with the parameters and formulas
Dr. Chiang helped XYZ company optimize its production decision to maximize the firm's profit. His solver reports are provided below. Please use these reports to answer the following questions. Objective Cell (Max) Cell$$B55NameMaxProfitOriginalValue0FinalValue760 Q1: How many bologna sandwiches should company XYZ produce? Q2: What is company XYZ maximized profit? (No $ needed and no comma) Q3: How many constraints are the binding constraints? (Provide your answer as one of the following choice: 1, 2, 3, 4, 5, 6) Q4: How many labor minutes have been used for production to get the optimal solutionStep by Step Solution
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