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Implement the linear optimization model

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Valencia Products makes automobile radar detectors and assembles two? models:

LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each? model, the firm found the following linear optimization model for? profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model on a spreadsheet and use Solver to find an optimal solution. Interpret the optimal? solution, identify the binding? constraints, and verify the values of the slack variables.

Maximize Profit = 124 L+139 S

18 L+12 S ≤3000 (Availability of component? A)

5 L+9S ≤2500 (Availability of component? B)

L≥0 and S≥0

Implement the linear optimization model and find an optimal solution. Interpret the optimal solution.

The optimal solution is to produce ______ LaserStop models and ______ SpeedBuster models. This solution gives the (Choose one: minimum/maximum) possible? profit, which is ?$_____

?(Type integers or decimals rounded to two decimal places as? needed.)

Reference no: EM132691720

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