A Company Is Developing Its Weekly Production Plan

Multiple Choice

A company is developing its weekly production plan. The company produces two products, A and B, which are processed in two departments. Setting up each batch of A requires $60 of labor while setting up a batch of B costs $80. Each unit of A generates a profit of $17 while a unit of B earns a profit of $21. The company can sell all the units it produces. The data for the problem are summarized below.
What is the appropriate formula to use in cell B15 of the following Excel implementation of the ILP model for this problem?

A) =B5- MIN($E$11/B11, $E$11/C11) *B14
B) =B5 - MIN($E$11/B11, $E$12/B12)
C) =B5 - $E$12/B12*B14
D) =B5 - MIN($E$11/B11, $E$12/B12) *B14