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Definition of mathematical model

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Reference no: EM132712540

Each student is to select a Real-life case study of a Maximization Product-mix Linear Program problem existed in any industrial or service organization. The case study should contain three decision variables or more and four constraints, you must address the following requirements:

(a) Begin by briefly introducing the definition of mathematical model, Linear Program, and LP characteristics.

(b) Write a brief introduction about the organization where exists the problem showing its nature and limitations.

(c) Provide a complete mathematical model of the real-life case study selected.

(d) Solve the mathematical model using simplex algorithm.

(e) Interpret your solution and recommend the decisions should be implemented.

Reference no: EM132712540

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