Question
The following linear programming problem has been written to plan the production of two products. The company wants to maximize its profits. X1 = number
The following linear programming problem has been written to plan the production of two products. The company wants to maximize its profits.
X1 = number of product 1 produced in each batch
X2 = number of product 2 produced in each batch
MAX: 150 X1 + 250 X2
Subject to: 2 X1 + 5 X2 200 resource 1
3 X1 + 7 X2 175 resource 2
X1, X2 0
How many units of resource 1 are consumed by each unit of product 1 produced? a. 1 b. 2 c. 3 d. 5
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Cases in Finance
Authors: Jim DeMello
3rd edition
1259330476, 1259330478, 9781259352652 , 978-1259330476
