Group Project A knitting machine can produce 1,000 pairs of pants or 3,000 shirts (or a combination of the s each day. The finishing department can handle either 1,500 pairs of pants or 2,000 shrts combination of the two) each day. The marketing department requires that at least 400 produced each day. The company's stated objective is profit maximization wo) (or a pants be a) If the profit from a pair of pants is $4 and that derived from a shirt s $1.50, how many of each type should be produced? b) Find slacks or surpluses c) Obtain the standard form for the problem.