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A B C D E F G H K L M Linear Programming Background Machines You are the owner of the machine shop business. You
A B C D E F G H K L M Linear Programming Background Machines You are the owner of the machine shop business. You will Machines Press Lathe buy two machines that is Press and Lathe. The price of Profit per machine $ 100.00 $ 150.00 Press is $8,000/unit and Lathe is $4,000/unit. Your budget Resources contraints to purchase both machines is $32,000. The space of Press is Purchase Price S 8,000.00 S 4,000.00 $ 32,000.00 only 15 square meters and Lathe is 30 square meters. Floor Space 15 30 195 The profit you will derive for the use of Press is $100 and Lathe is $150. Problem: Objective Function = 100Press + 150*Lathe What is my maximum Profit? 1 How many Press and Lathe can i buy given my budget? 2 How many Press and Lathe can I buy give the floor space? Problem : 3 How many Press and Lathe can I buy? (use d-point) How Press and Lathe will I buy? 4 What is my Maximum Profit? (objective function)
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