Discuss the similarities and differences between minimization and maximization problems using the graphical solution approach of Linear Programming. Be sure to provide examples.
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Discuss the similarities and differences between minimization and maximization problems using the graphical solution approach of Linear Programming. Be sure to provide examples. (Two-hundred words)
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- Discuss the similarities and differences between minimization and maximization problems using the graphical solution approach of Linear Programming. Be sure to provide examples to illustrate your understanding of these concepts. (Make two-hundred words)Explain the basic steps for formulating a linear programming model and how managers can use this information to solve business problems. Be sure to provide examples to illustrate your understanding of these concepts.Is my solution correct and did I fully answer the questions? (see attachment for my solution) Question: There are three factories on Momiss River. Each emits two types of pollutants, labeled P1 and P2, into the river. If the waste from each factory is processed, the pollution in the river can be reduced. It costs $1,500 to process a ton of factory 1 waste, and each ton processed reduces the amount of P1 by 0.10 ton and the amount of P2 by 0.45 ton. It costs $2,500 to process a ton of factory 2 waste, and each ton processed reduces the amount of P1 by 0.20 ton and the amount of P2 by 0.25 ton. It costs $3,000 to process a ton of factory 3 waste, and each ton processed reduces the amount of P1 by 0.40 ton and the amount of P2 by 0.50 ton. The state wants to reduce the amount of P1 in the river by at least 125 tons and the amount of P2 by at least 175 tons. a. Use Solver to determine how to minimize the cost of reducing pollution by the desired amounts. Are the LP assumptions…
- The topic is Linear Programming - Minimization see the attached picture for the problemCan you please solve the linear function with clear steps. it is better to be graphically instead of using excelMax Z = 6X1 + 18X2+20X3 Sub to X1 + X2 +X3 = 60 10X1 +15X2 +20X3 = 900 2X1 + 3X2 +3X3≤100 And X1, X2, X3 >=0 (SOLVE MANUALLY USING SIMPLEX METHOD PLEASE DON'T USE SHORTCUTS)
- What is the key assumptions of linear programming?Use the simplex method to solve the following LP Max z = 2x1 + 3x2 s.t. x1 + 2x2 <= 6 2x1 + x2 <= 8 END LP Please use tableau like the one in the attached image, thanksCan you please solve this using solver with clear steps. please attche youe excel file
- What is Optimization? How many methods are there to calculate it? Explain this? 2- What do we mean by function Objective? What do we mean by constraints? 3- Give three practical examples (physical or engineering) of a target function with a constraintDiscuss several advantages of linear programming; clearly explain the reasons for your choices.Write down the assumption of linear programming problems?