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Consider the Following Linear Programming Problem: Maximize 40 X1

question 1

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Consider the following linear programming problem: Maximize 40 X1 + 30 X2 + 60X3
Subject to: X1 + X2 + X3 ≥ 90
12 X1 + 8 X2 + 10 X3 ≤ 1500
X1 ,X2 ,X3 ≥ 0
How many slack,surplus,and artificial variables would be necessary if the simplex were used to solve this problem?

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Definitions:

Compromise Dividend Policy

An approach to dividend disbursement that attempts to balance the interests of shareholders preferring regular dividends with those favoring reinvestment of profits.

Positive Net Present Value

Indicates that the present value of future cash flows from an investment exceeds the initial investment cost, suggesting profitability.

Debt-Equity Ratio

A measure of a company's financial leverage, calculated by dividing its total liabilities by its shareholder equity.

Stock Repurchase

A company's buying back of its own shares from the marketplace, reducing the number of outstanding shares and often increasing shareholder value.

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