Question
Using Excel solver!!!!!! A toy company produces toys at two plants and sells them in three regions. The current demands in these regions are given
Using Excel solver!!!!!!
A toy company produces toys at two plants and sells them in three regions. The current demands in these regions are given below. Each plant can produce up to 2500 units. Each toy sells for $10, and the cost of producing and shipping a toy from a given plant to a region is given. The company can advertise locally and nationally. Each $1 spent on a local ad raises sales in a region by 0.5 units, whereas each $1 spent advertising nationally increases sales in each region by 0.3 units. Determine how the company can maximize its profit.
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