Determine the levels of x and y at the minimum level of cost

Reference no: EM13238359

A decision maker wishe to minimize the cost of producing a given level of total benefit, B = 288. The cost function is C = 6x + 3y and the total benefit is B = xy. Set up the Lagrangian adn then determine the levels of x and y at the minimum level of cost. What is the minimu value of cost?

Reference no: EM13238359

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