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Question 2: A company manufactures two types of products, Product A and Product B. Each unit of Product A contributes a profit of $8, and
Question 2: A company manufactures two types of products, Product A and Product B. Each unit of Product A contributes a profit of $8, and each unit of Product B contributes a profit of $10. The company has limited resources: 100 hours of labor and 80 units of raw material. Product A requires 2 hours of labor and 4 units of raw material per unit, while Product B requires 3 hours of labor and 2 units of raw material per unit. The company wants to determine how many units of each product to produce to maximize their total profit. Using the graphical method, answer the following questions: 1- Formulate the objective function for this problem. 2- Write down the constraints for the company's resources (labor and raw material). 3- Create a graph with Product A on the x-axis and Product B on the y-axis. Plot the feasible region based on the resource constraints. 4- Identify the corner points of the feasible region. 5- Calculate the objective function value at each corner point. 6- Determine which combination of Product A and Product B should be produced to maximize the company's profit. 7- What is the maximum profit the company can achieve? need this to be solved in excel please
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