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A maximization integer linear model is solved by first relaxing the integer restrictions, giving an optimal solution to the resulting linear model of X1 = 6, X2 = 11.The shadow price for the first constraint is $9, and the range of feasibility has a maximum increase of 20 and a maximum decrease of 5.Then for the integer model, X1 = 6, X2 = 11 is the optimal solution.If there is an increase of 3 units of the first resource, the optimal value of the objective function will increase by $27.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.
Human Capital
The aggregated competencies, insights, and immaterial resources belonging to individuals, capable of producing economic gains for the people, their employers, or their surrounding community.
Management Function
A set of activities including planning, organizing, leading, and controlling aimed at efficiently and effectively achieving organizational goals.
Human Capital Rareness
Refers to the uniqueness and scarcity of valuable skills and knowledge that employees possess, which can drive competitive advantage for an organization.
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