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Solve the linear programming problem.
-Two kinds of crated cargo, A and B, are to be shipped by truck. The weight and volume of each type are givthe following table: The shipping company charges $75 per crate for cargo A and $100 per crate for cargo B. The truck has amaximum load limit of 7,200 pounds and 1,000 cubic feet. How many of each type of cargo should be shippto maximize profit for the shipping company?
Low Capital Investment
Refers to businesses or projects that require a minimal initial financial outlay to start and run.
Channel Assembly
A process in supply chain management where a product is assembled at the point of distribution or at the retailer rather than at the manufacturing facility.
Effective Management
Practices and techniques that lead to achieving desired results through efficient use of resources and team coordination.
Bullwhip Effect
A phenomenon where inaccurate or distorted information in a supply chain causes overreaction and variability in orders, often leading to inefficiency and excess inventory.
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