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Find the Complete Optimal Solution to This Linear Programming Problem

question 1

Essay

Find the complete optimal solution to this linear programming problem.
Min
3X + 3Y
s.t.
12X + 4Y ≥ 48
10X + 5Y ≥ 50
4X + 8Y ≥ 32
X , Y ≥ 0


Definitions:

Producing Units

Entities within an organization responsible for the creation of products or services.

Corn

A cereal plant that yields large kernels set in rows on a cob; an important crop for food, animal feed, and industrial products.

Bushel

A unit of volume used primarily in the United States for measuring agricultural commodities, equivalent to approximately 35.24 liters.

Marginal Costs

The additional cost incurred in producing one more unit of a good or service, critical in decision-making regarding production volumes.

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