Jobco is planning to produce at least 2000 widgets on three machines. The minimum

Question: Jobco is planning to produce at least 2000 widgets on three machines. The minimum lot size on any machine is 600 widgets. The following table gives the pertinent data of the situation. Setup cost(\$) Production cost/unit(5) Capacity (units) Machine 1 300 2 650 2 100 10 850 3 200 5 1250 if we want to formulate the problem as an ILP/BIP, which of the followingSee the answerSee the answerSee the answer done loadingShow transcribed image textThe correct a…View the full answerTranscribed image text: Jobco is planning to produce at least 2000 widgets on three machines. The minimum lot size on any machine is 600 widgets. The following table gives the pertinent data of the situation. Setup cost(\$) Production cost/unit(5) Capacity (units) Machine 1 300 2 650 2 100 10 850 3 200 5 1250 if we want to formulate the problem as an ILP/BIP, which of the following would be the appropriate objective function? Your answer: O Min. 2-300x 100 200, 2x 10 ₂ O Min. 22₁ 10 5 O Min Z 2 10 5 300 100 200 O Min. Z 300v-100-200