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Optimal Value
The most favorable or advantageous value that can be achieved under given constraints, often used in optimization problems.
Dual Production Problem
A situation in operational research where two or more products are produced using limited resources, and the optimal allocation of these resources needs to be determined.
Production Function
A mathematical model that describes the relationship between inputs used in production and the output produced from those inputs.
Labor Hired
The quantity of work force employed by businesses to perform various tasks, measured in worker units or hours.
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