Question
Consider the following linear programming problem. Minimize Z = 3a + 5b S.T -3a + 4b 12 2a - 1b - 2 2a + 3b
Consider the following linear programming problem.
Minimize Z =
3a + 5b
S.T -3a + 4b 12
2a - 1b - 2
2a + 3b 12
a 4
b 2
a,b 0.
a. Solve graphically the linear programming problem.
b. Identify the optimal solution and give the value of the objective function at the optimal solution.
c. Which constraints are binding? Explain
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
