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Ava Is Setting Up a Production Model for Her Jewelry-Making

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   Ava is setting up a production model for her jewelry-making business. She decides to use Solver to find the optimal number of topaz and onyx pendants to produce with the given constraints. One of the most important constraints is that the minimum number to produce is 100 of each. Please answer the questions below, referencing the above figure as needed. -Ava's production plan contains no nonlinear formulas or arrangement. What should she do to the solving method used by the Solver? A)  Leave the default GRG Nonlinear solving method. B)  Change the solving method to Goal Seek. C)  Change the solving method to Binary LP. D)  Change the solving method to Simplex LP.
Ava is setting up a production model for her jewelry-making business. She decides to use Solver to find the optimal number of topaz and onyx pendants to produce with the given constraints. One of the most important constraints is that the minimum number to produce is 100 of each. Please answer the questions below, referencing the above figure as needed.
-Ava's production plan contains no nonlinear formulas or arrangement. What should she do to the solving method used by the Solver?

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Definitions:

Annual Profits

The net income a company generates in one fiscal year, derived from its revenue minus expenses, taxes, and costs.

Payoffs

The outcomes or returns from a particular action or decision, often used in the context of game theory and economic models.

Sherman Antitrust Act

Is a landmark federal statute in the United States that prohibits monopolistic business practices and promotes competition.

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An arrangement between competing firms to control prices or exclude entry of a new competitor in a market, often to maximize their own profits by limiting supply.

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