QUESTION 1 An olive oil producer produces 4 different types of oil(Types A,B,C,D) using raw oils from 3 regions(Regions A,B,C). Regions A,B,C can provide 300,400 and 500 barrels of oil. Each type has 250 barrels of demand. Barrel of Region A costs 10 dollars, Region B costs 20 dollars and Region C costs 30 dollars. Any type cannot exceed 10% Region A oil, each type must have at least 30% Region Coil. Formulate an LP model that decides minimum cost plan with the amounts of Region A,B,C oils on Types A,B,C,D, while meeting the demand and obeying the above describe conditions. QUESTION 2 In the following business situations, please write the method you would use to solve the problem (don't solve). You can suggest a decision tree, linear programming, sensitivity analysis of LP, regression or forecasting. For forecasting please also suggest the forecasting method that would be the best fit. (Examples are going to be similar to these exam questions in short descriptions, or midterm or suggested exercises except the fact that you won't need to solve them but only to spot which method to use to solve)