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Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0
1) Provide an overall description of the business and the competitive environment in which it operates. You should describe: a) what type of business it is (e.g. retail, manuf
Usefulness of Correlation 1.Correlation is very useful to economists to study the relationship between variables like price and quantity demanded. To businessmen it
mile-high microbrewery makes a light beer and a dark beer. mile-high has a limited supply of barley, limited bottling capacity, and a limited market for light beer. profits are $0.
A producer of furniture manufactures two products - tables and chairs. Processing of these products is done on two machines A and B. A chair needs 2 hours on machine A and 6 hours
Cost The cost factor is a very important factor in determining the size of the sample. The budget for research should be properly decided. The management may not lik
1) Provide a description of the required factors of production, grouping them according to whether the factors of production are a) Fixed and hence unlikely to vary much accord
There is no unique set of problems which can be solved by using operations Research Models r techniques. Several operations Research Models or techniques can be grouped into some b
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
Minimization Example A farmer is advised to utilize at least 900 kg of mineral A and 1200 kg of mineral B to increase the productivity of crops in his fields.
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