kindly answer items (d), (e), and (f) Hondazuki manufactures cars and trucks. Each car contributes 300S to profit and each truckcontributes 400$. The resources required in manufacturing cars and trucks are shown on the table below. Eachday, Hondazuki can rent up to 98 Type 1 machines at 50$ per machine. At present, the company has 73 Type 2machines and 260 tons of steel available. Marketing considerations dictate that at least 44 cars must be produced.How many Type 1 machines should be rented daily and how many cars and trucks should be produced tomaximize the company's profit?Days on Type 1 MachineDays on Type 2 MachineTons of steelCar0.80.62Truck1.00.73a. Formulate the problem into an LP in symmetric form.b. Solve the LP and give the optimal tableau. You may use any software that can solve LP problems. (Hint:Optimal profit is 32600S)c. If the contribution to profit of each car produced is changed from 300S to 330S, will the current solutionremain optimal? If not, what is the new optimal solution? Show your manual computations.d. What is the highest fee that Hondazuki should be willing to pay for the rent of Type 1 machine for 1 day?e. What is the most that Hondazuki should be willing to pay for an extra ton of steel?f. Hondazuki is considering of producing jeeps. A jeep contributes $600 to profit, requires 1.2 days onmachine 1 and wvill need 3 tons of steel. Should Hondazuki produce jeep? If yes, what will be the newoptimal solution and the optimal objective function value?

Given data is Days on type 1 Days on type 2 Tons of steel req Profit ($) Car 0.8 0.6 2 300…

Answered: kindly answer items (d), (e), and (f)

Business

Operations Management

kindly answer items (d), (e), and (f)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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