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Business, 06.10.2021 01:00 jdiel14

3.Consider the following linear programming formulation: Decision variables: x, y
Objective function: MIN 5x + 4y
Subject to constraints:
-3x + 2y ≀ 6
3x + y ≀ 3
y β‰₯ 0

A)Using the graphical procedure, identify the feasible region

B)Identify the coordinates for each of the corner points

C)Find the optimal solution

D)Build an excel model and use solver to verify your answer above. Are you getting the same optimal solution? Submit your excel model

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Answers: 1

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3.Consider the following linear programming formulation: Decision variables: x, y
Objective...
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