Solve the below:
Q: The Pyrotec Company produces three electrical products- clocks, radios, and toasters. These products have the following resource requirements.
Resource Requirements
Cost / Unit Labor Hours/ Unit
Clock $7 2
Radio 10 3
Toaster 5 2
The manufacturer has a daily production budget of $2,000 and a maximum of 660 hours of labor. Maximum daily customer demand is for 200 clocks, 300 radios, and 150 toasters. Clocks sell for $15, radios for $20, and toasters for $12. The company desires to know the optimal product mix that will maximize profit.
A. Formulate a linear programming model for this problem.
B. Solve the model using the computer.