Find the Optimal solution for the below Linear Program by Simplex method: Maximize Z = 200x + 80y +60z Subject to x + y + z <= 100 10x + 2y + 5z <= 600 2x + 2y + 3z <= 300 x, y, z >= 0

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Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.