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Solve This Problem Graphically 7X1+3X2\quad 7 \mathbf { X } _ { 1 } + 3 \mathbf { X } _ { 2 }

question 14

Essay

Solve this problem graphically. What is the optimal solution and what constraints are binding at the optimal solution?
MIN: 7X1+3X2\quad 7 \mathbf { X } _ { 1 } + 3 \mathbf { X } _ { 2 }
Subject ta:
4X1+4X2402X1+3X224X1,X20\begin{array} { l } 4 X _ { 1 } + 4 X _ { 2 } \geq 40 \\2 X _ { 1 } + 3 X _ { 2 } \geq 24 \\X _ { 1 } , X _ { 2 } \geq 0\end{array}

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Definitions:

Optimistic Bias

The tendency of individuals to underestimate the likelihood of encountering adverse events in their own lives as opposed to others.

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Dried and processed leaves of the tobacco plant that are rolled or stuffed into cigarettes for smoking.

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Dangers Of Smoking

Health risks and negative impacts associated with tobacco use, including increased risk of cardiovascular diseases, lung cancer, and respiratory issues.

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