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A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits.Production requirements for the products are shown in the following table.
Material 1 costs $7 a pound,material 2 costs $5 a pound,and labor costs $15 per hour.Product A sells for $101 a unit,product B sells for $67 a unit,and product C sells for $97.50 a unit.Each week there are 300 pounds of material 1;400 pounds of material 2;and 200 hours of labor.Also,there is a weekly demand of 10 units of product C each week.Use Excel to formulate and solve this problem.
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