Consider the following linear programming problem: MIN Z = 3x1 + 2x2 Subject to: 2x1 + 3x2 ≥ 12 5x1 + 8x2 ≥ 37 x1, x2 ≥ 0 What is minimum cost and the value of x1 and x2 at the optimal solution?

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter6: Optimization Models With Integer Variables
Section6.3: Capital Budgeting Models
Problem 3P: Solve Problem 1 with the extra assumption that the investments can be grouped naturally as follows:...
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  • Consider the following linear programming problem:

MIN Z = 3x1 + 2x2

Subject to: 2x1 + 3x2 ≥ 12

5x1 + 8x2 ≥ 37

x1, x2 ≥ 0

What is minimum cost and the value of x1 and x2 at the optimal solution?

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