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Method of lagrange multipliers

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Reference no: EM133052236

The Riverwood Paneling Company makes two kinds of wood paneling: Colonial and Western. The company has developed the following nonlinear programming model to determine the optimal number of sheets of Colonial paneling (X1) and Western paneling (X2) to produce to maximize profit, subject to a labor constraint:

Maximize Z = $25X1-0.8X12+30X2-1.2X22

subject to X1+2X2=40 hours

Determine the optimal solution to this nonlinear programing model using the method of Lagrange multipliers

Reference no: EM133052236

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