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For the following linear programming problem,determine the optimal solution by the graphical solution method.Are any of the constraints redundant? If yes,then identify the constraint that is redundant.
Max X + 2Y
s.t.X + Y < 3
X - 2Y > 0
Y < 1
X,Y 0
Variable Expenses
Costs that change in proportion to the activity or volume of production in a business.
Selling Costs
Expenses incurred directly from the sale of a product or service, including marketing, advertising, and sales personnel expenses.
Maximum Price
The highest price that can be charged for a product or service, possibly regulated by law or market conditions.
Transmission Division
A specialized unit within a company or organization focused on the development, production, or maintenance of transmission systems.
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