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You have been hired to assist the Collins company with their business plan. The company builds teddy bears or stuffed rabbits for children. Each item requires an amount of sewing and assembly hours. The data is as follows. Help them maximize profits.
MEASURE BEAR RABBIT AVAILABLE
PRICE $14 $8
SEW TIME 8 8 7,200
ASSEMBLE TIME 4 2 3,000
MAX RABBITS 1,350
MIN BEARS 300
1. Calculate the simultaneous equations for the best alternative for Sew Time and Assembly time. Everything must be done on Excel.
ALSO use solver to calculate the solution that maximizes profits. Everything must be done through excel.
Everything must be done through excel with step by step explaining the work put into Solver
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