Business, 05.05.2020 20:46 benjamenburton1

D) Management realized that the optimal product mix, taking setup costs into account, might be different from the one recommended in part (b). Formulate a mixed-integer linear program that takes setup costs provided in part (c) into account. Management also stated that we should not consider making more than 175 units of product 1, 150 units of product 2, or 140 units of product 3. What are the new objective function and additional equation constraints? If the constant is "1" it must be entered in the box. Let Yi is one if any quantity of product i is produced and zero otherwise. Max $ 30 P1 + $ 25 P2 + $ 28 P3 - $ 400 Y1 - $ 550 Y2 - $ 600 Y3 s. t. 1 P1 175 Y1 1 P2 150 Y2 1 P3 140 Y3 P1, P2, P3 ≥ 0 (e) Solve the mixed-integer linear program formulated in part (d). How much of each product should be produced and what is the projected total profit contribution? Compare this profit contribution to that obtained in part (c). If required, round your answers to nearest whole number. If your answer is zero enter "0". Product 1 Product 2 Product 3 Amount to Produce Updated Profit $

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