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Abracadabra Inc. purchases three types of products: 1 , 2 , and 3 from two suppliers: A and B . There is a contract cost
Abracadabra Inc. purchases three types of products: and from two suppliers: A and B There is a contract cost of $ and $ associated with each supplier, respectively, if any product is purchased from that supplier. The cost and demand matrix is shown below:
COST PER UNIT A $ $ $ B $ $ $ SELLING PRICE $ $ $ MAXIMUM DEMAND
Formulate a LP problem to maximize profit. Hint: Use a binary variable for each supplier with a value of if that supplier is used and a otherwise.
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