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Identify the Different Sets of Basic Variables That Might Be 2.5X1+1.5X2\quad 2.5 \mathbf { X } _ { 1 } + 1.5 \mathbf { X } _ { \mathbf { 2 } }

question 36

Essay

Identify the different sets of basic variables that might be used to obtain a solution to this problem.
MIN: 2.5X1+1.5X2\quad 2.5 \mathbf { X } _ { 1 } + 1.5 \mathbf { X } _ { \mathbf { 2 } }
Subject to:
4X1+3X2242X1+4X224X1,X20\begin{array} { l } 4 X _ { 1 } + 3 X _ { 2 } \geq 24 \\2 X _ { 1 } + 4 X _ { 2 } \geq 24 \\X _ { 1 } ,X _ { 2 } \geq 0\end{array}


Definitions:

Loaning Money

The act of giving money to another party with the agreement that the money will be repaid, often with interest.

Debt-Equity Ratio

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

Total Debt Ratio

A financial ratio that measures the proportion of a company's assets financed by its total debt.

Net Working Capital

A measure of a company's efficiency and its short-term financial health, calculated by subtracting current liabilities from current assets.

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