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Consider the scenario given below.Use Excel solver to answer the following question(s) .
Peca Inc.is a small manufacturer of two types of office chairs,the swivel and no-swivel models.The manufacturing process consists of two principal departments: fabrication and finishing.The fabrication department has 24 skilled workers,each of whom works 7 hours per day.The finishing department has 6 workers,who also work a 7-hour shift.A swivel type requires 7 labor hours in the fabricating department and 2 labor hours in finishing.The no-swivel model requires 8 labor hours in fabricating and 3 labor hours in finishing.Peca Inc.makes a net profit of $100 on the swivel model,and $130 on the no-swivel model.The company anticipates selling at least twice as many no-swivel models as swivel models.The company wants to determine how many of each model should be produced on a daily basis to maximize net profit.
-Determine the net optimal profit for the given data.
Measuring
The action of determining the size, amount, or degree of something using standard units or instruments.
Correlational Design
A type of research methodology that examines the relationship between two or more variables without manipulating them to determine cause and effect.
Self-Esteem
One's private judgment about their self-value, consisting of self-beliefs and feelings.
Intellectual Ability
The capacity to perform mental activities associated with reasoning, problem-solving, and learning.
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