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The Primo Insurance Company is introducing two new product lines: special risk insurance and mortgages. The expected profit is $ 5 per unit on special

The Primo Insurance Company is introducing two new product lines: special risk insurance and mortgages. The expected profit is $5 per unit on special risk insurance and $2 per unit on mortgages. Management wishes to establish sales quotas for the new product lines to maximize total expected profit. The work requirements are shown below:
Work-Hours per Unit
Department Special Risk Mortgage Work-Hours Available
Underwriting 322,350
Administration 01750
Claims 201,150
Special Risk Mortgage
Unit Profit $5 $2
Work-Hours per Unit Hours
Available
Underwriting 322,350
Administration 01750
Claims 201,150
Formulate and solve a linear programming model for this problem on a spreadsheet.
Determine the sales quota for special risk and mortgage.
Note: Round your answers to 2 decimal places.
Determine the total profit.

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