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Problem 1 . XYZ Electronics production scheduleXYZ Electronics ( XYZE ) produces three types of electronic devices: smartphones ( S ) , tablets ( T
Problem XYZ Electronics production scheduleXYZ Electronics XYZE produces three types of electronic devices: smartphones S tablets T and smartwatches W The production process for each device requires time on three different machines: Machine A Machine B and Machine C The company operates these machines for a limited number of hours each month. Additionally, there is a constraint on the total labor hours available per month. The company aims to maximize its monthly profit considering the constraints of machine hours and labor availability. Due to previous contractual commitments, there are minimums that need to be produced for each product the following month. A description of the parameters defining XYZE situation are as follows:Machine Hours Required:Smartphone S: Machine A hours Machine B hour Machine C hoursTablet T: Machine A hour Machine B hours Machine C hourSmartwatch W: Machine A hours Machine B hour Machine C hoursTotal Available Machine Hours per month:Machine A: hoursMachine B: hoursMachine C: hoursLabor Hours Required:Per unit of Smartphone S: hoursPer unit of Tablet T: hoursPer unit of Smartwatch W: hoursTotal Available Labor Hours: hours per monthProfit Margins:Per unit of Smartphone S: $Per unit of Tablet T: $Per unit of Smartwatch W: $Minimum production per product by contract:Smartphone S: unitsTablets T: unitsSmartwatches W: unitsSolving a problem using Lingo.Solve problem using Lingo. Document your process, including images of the model and a stepbystep process on what you did to run it Compare to your answers in problem
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