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Business, 12.06.2021 23:20 aliami0306oyaj0n

A company produces two products, A and B. The sales volume for A is at least 80% of the total salces for both A and B. However, the company cannot sell more than 100 units of A per day. Both products use one raw material, of which the maximum daily availability is 240 lb. The usage rater of the raw material are 2lb per unit of A and 4 lb per unit of B. The profit units for A and B are $20 and $50, repectively. Set this problem up as a linear program to determine the optimal product mix for the company. Then solve using excel. Next, answer the following questions: 1. How much should the company be willing to pay to increase the number of units of A that it can sell

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A company produces two products, A and B. The sales volume for A is at least 80% of the total salces...
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