Valencia Products makes automobile radar detectors and assembles two models: LaserStop and SpeedBuster. Both models use the same electronic components. After reviewing the components required and the profit for each model, the firm found the following linear optimization model for profit, where L is the number of LaserStop models produced and S is the number of SpeedBuster models produced. Implement the linear optimization model on a spreadsheet and use Solver to find an optimal solution. Interpret the optimal solution, identify the binding constraints, and verify the values of the slack variables. Maximize Profit = 125 L + 135 S 17 L + 12 S≤4000 5 L+9 S≤3500 L≥0 and S20 (Availability of component A) (Availability of component B) Implement the linear optimization model and find an optimal solution. Interpret the optimal solution. The optimal solution is to produce LaserStop models and SpeedBuster models. This solution gives the (Type integers or decimals rounded to two decimal places as needed.) possible profit, which is $

A car rental agency rents 300 cars per day at a rate of $55 per day. For each $1 increase in the per-day rate, 3 fewer cars are rented. They want to know what price they should rent at to maximize their revenue. Help them get started by setting up the revenue equation. You do not need to find the optimal price, just set up the revenue equation. Use x as your variable, but in your work be sure to define what a represents. Revenue =

need comprehensive and correct answers.This question is about optimization.

Suppose a furniture builder has two models of a bookcase: standard and artisan. The standard model requires 5 hours to assemble and 1 hours for finishing touches. The artisan model requires 2 hours to assemble and 4 hours for finishing touches. Based on their current staffing, they can manage a maximum number of assembly hours available is 50 per day, and the maximum number of finishing hours available is 64 per day. Let x = the number of standard model bookcases produced per day and y = the number of artisan model bookcases produced per day. Write the system of inequalities that represents the maximum number of bookcases that can be produced in one day. 0 Graph the system of inequalities, remember to include x >0 and y > 0 in your graph to get full credit. You will need to include four lines. 25 24 VI