Problem 1 The management of MACU Corporation is trying todetermine the amount of each of two products to produce over thecoming planning period. The following information concerns laboravailability, labor utilization, and product profitability:Department Product (hours/unit) 1 2 Labor-Hours Available A 1.000.38 110 B 0.25 0.30 45 C 0.25 0.45 60 Profit contribution/unit$30.00 $15.00 What are the optimal (maximum profit) productionquantities for the company? a. What type/s of model/s should beused to solve the problem and why would you use that model/s? (20points) b. Develop a model of the MACU Corporation problem. Solvethe model to determine the optimal product quantities of
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