A company produces 2 types of hats. Each hat of the I type requires twice as much as labor time as the II type. The company can produce a total of 500 hats a day. The market limits daily sales of I and II types to 150 and 250 hats. Assuming that the profit per hat are $8 for type A and $5 for type B. Formulate a LPP models in order to determine the number of hats to be produced of each type so as to maximize the profit.
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