The company wants to maximize its profits

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Reference no: EM131010769

Consider the following linear programming problem that is designed to plan the production of two products. The company wants to maximize its profits.

The variables are as follows:

X1 = number of product 1 produced in each batch
X2 = number of product 2 produced in each batch

MAX: 150 X1 + 250 X2
Subject to: 2 X1 + 5 X2 ≤ 200 - resource 1
3 X1 + 7 X2 ≤ 175 - resource 2
X1, X2 ≥ 0
w many units of resource 1 are consumed by each unit of product 1 produced?

Reference no: EM131010769

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