(Solved): GAZA COMPANY produces both interior and exterior paints from two raw materials M1 and M2. The follo ...

GAZA COMPANY produces both interior and exterior paints from two raw materials M1 and M2. The followi table provides the basic data for the problem per tons. A market survey indicates that the daily demand for interior paint cannot exceed that of exterior paint by more than 1 ton. Maximum daily demand of interior paint is 2 tons. GAZA COMPANY wants to determine the optimum product mix of interior and exterior paints that maximizes the total daily profit. Formulate and identify: (a) Objective function (4 Marks) (b) Set of constraints ( 6 Marks)