Question
Valencia Products makes automobile radar detectors and assembles two models: LaserStop and Speed-Buster. The firm can sell all it produces. Both models use the same
Valencia Products makes automobile radar detectors and assembles two models: LaserStop and Speed-Buster. The firm can sell all it produces. Both models use the same electronic components. Two of these can be obtained only from a single supplier. For the next month, the supply of these is limited to 4,000 of component A and 3,500 of component B. The number of each component required for each product and the profit per unit are given in the table.
Components/Unit
A B Profit/Unit
LaserStop 18 6 $124
SpeedBuster 12 8 $136
Formulate this problem and solve using Excel Solver.What is the value of the objective function.
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