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Determine an optimal short-term product mix

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Manders Manufacturing Corporation uses the following model to determine an optimal short-term product mix for its two products, metal (M) and scrap metal (S):

Max Z = $30M + $70S
Where: 3M + 2S ≤ 15
2M + 4S ≤ 18

The above mathematical functions together constitute a(n)

Multiple Choice

-Simulation model.
-Nonlinear optimization model.
-Multivariate regression model.
-Linear programming model.
-Economic order quantity model.

Reference no: EM132807142

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