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3. Sage Publishing Company needs to decide which textbooks to publish for the next three...

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Finance

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3. Sage Publishing Company needs to decide which textbooks to publish for the next three academic years. The following table gives relevant data to the decision making process. Maximum demand is the most of cach that that could be sold, Fixed cost is incurred if any of that book is produced. Book A Book B Book C Book D Book E Maximum Demand Fixed Cost 5000 15000 7000 10000 Font Color 9000 12000 6000 10000 8000 21000 Profit per book 22 25 21 14 32 Sage has the capacity to produce a total of 20,000 books. Write the formulation to determine which books should be published and how many of each to publish in order to maximize total profit Setup the problem in Excel and solve using Solver Report solution and objective result in the Word document

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