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USE EXCEL( NON LINEAR PROGRAMMING) THANK YOU Native Customs sells two popular styles of hand-sewn footwear: a sandal and a moccasin. The cost to make

image text in transcribedUSE EXCEL( NON LINEAR PROGRAMMING) THANK YOU

Native Customs sells two popular styles of hand-sewn footwear: a sandal and a moccasin. The cost to make a pair of sandals is $18, and the cost to make a pair of moccasins is $24. The demand for these two items is sensitive to the price, and historical data indicate that the monthly demands are given by S = 350 - 14P4 and M = 500 - 20P2, where S = demand for sandals (in pairs), M = demand for moccasins (in pairs), P 1 = price for a pair of sandals, and P2 = price for a pair of moccasins. To remain competitive, Native Customs must limit the price (per pair) to no more than $60 and $75 for its sandals and moccasins, respectively. Formulate this nonlinear programming problem to find the optimal production quantities and prices for sandals and moccasins that maximize total monthly profit

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