(All Steps) A jeweler and her apprentice make silver pins and necklaces by hand. Each week they have 80 hours of labor and 36 ounces of silver available. It
Question: A jeweler and her apprentice make silver pins and necklaces by hand. Each week they have 80 hours of labor and 36 ounces of silver available. It requires 8 hours of labor and 2 ounces of silver to make a pin and 10 hours of labor and 6 ounces of silver to make a necklace. Each pin also contains a small gem of some kind. The demand for pin is no more than 6 per week. A pin earns the jeweler $400 in profit, and a necklace earns $100. The jeweler wants to know how many of each item to make each week to maximize profit.
- Formulate an integer programming model for this problem.
- Solve this problem by using the computer. Compare this solution to the solution without integer restrictions and indicate whether the rounded-down solution would have been optimal.
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