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PROBLEM 3 (50 points) The Roniger Company produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at

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PROBLEM 3 (50 points) The Roniger Company produces two products: bed mattresses and box springs. A prior contract requires that the firm produce at least 30 mattresses or box springs, in any combination. In addition, union labor agreements demand that stitching machines be kept running at least 40 hours per week, which is one production period. Each box spring takes 2 hours of stitching time, and each mattress takes 1 hour on the machine. Each mattress produced costs $20; each box spring costs $24. Production planners want to know the production mix that minimize total production cost and what will be that cost. For the above situation: a) Present the complete Linear Programming Formulation of the problem. b) Solve problem using the Simplex Method in tableau form. All tableaus and calculations must be shown. c) Provide clear answer to production planners' request.

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