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The Sonoma Apple Products Company purchases apples from local growers and makes applesauce and apple juice. It costs $0.80 to produce a jar of applesauce and $0.60 to produce a bottle of apple juice. The company has a policy that at least 30 percent but no more than 70 percent of its output must be applesauce. The company wants to meet but not exceed the demand for each product. The marketing manager estimates that the demand for applesauce is a maximum of 5,000 jars, plus an additional 3 jars for each $1 spent on advertising for applesauce. The maximum demand for apple juice is estimated to be 4,000 bottles, plus an additional 5 bottles for every $1 spent on advertising for apple juice. The company has $16,000 to spend on producing and advertising its two products. Applesauce sells for $1.75 per jar, and apple juice sells for $1.85 per bottle. Formulate a linear optimization model to help the company determine how many units of each product to produce, and how much advertising to spend on each product, in order to maximize profit. a. Formulate this problem. Make sure to use the 3 steps and clearly explain all variables. b. Solve this problem using Excel. c. Report your optimal solution.

Please provide the answer in excel with decision variable, objective function and constraint?

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