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What is the optimal solution to the following problem. If any of the variable takes value zero in the optimal solution, then what is the reduced cost associated with that variable? What are the binding constraints? max 80X + 500Y subject to X + 5Y ≤ 4000 X + Y ≤ 1200 2X + Y ≤ 2000 2X + 5Y ≤ 5000 X ≥ 0 Y ≥ 0 (Draw the feasible region and corner points using desmos. Insert the images in the word le. Follow the steps in the solutions to similar problem in notes.)
When asked why he does what he does, he answers, "Because I want to hear good sounds. It's not rocket science
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Capacity decisions are critical to an organization's success because they commit significant resources to assets that usually cannot be changed easily
Acme Manufacturing Company Case & United Machine Workers
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