Create a model and use Excel Solver to answer the following: A computer company manufactures two types...

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Create a modeland use Excel Solver to answer the following: A computercompany manufactures two types of computers. Each type of computerwill require assembly time, inspection time, and storage space. Theamounts of each of these resources that can be devoted to theproduction of the computers is limited. The manager wants todetermine the quantity of each computer to produce to maximize theprofit generated by sales of these computers.

In order to develop asuitable model of the problem, the manager has met with design andmanufacturing personnel. As a result of those meetings, the managerhas obtained the following information:

Type1

Type2

Profit per unit

$60

$75

Assembly time perunit

4 hours

10 hours

Inspection time perunit

30 minutes

20 minutes

Storage space perunit

3 cubic feet

3 cubic feet

The manager has alsoacquired information on the availability of resources. These dailyamounts are:

Resource

Amount Available

Assembly time

100 hours

Inspection time

22 hours

Storage space

39 cubic feet

The manager also metwith the firm's marketing manager and learned that demand for themicrocomputers was such that whatever combination of these twotypes of computers is produced, all the output can be sold.

a. What is the mix ofcomputers that the company should produce if they want to maximizeprofits?

b. What is the optimalvalue for profit using the mix from part a.?

c. If type 2 computerbecame twice as profitable (i.e. profit rose from $75 each to $150each), would the solution change? If so, what is the new solution(please state the mix and the new profit amount)?

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