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Solve the following linear program by the graphical method.
MAX 4X + 5Y
s.t.X + 3Y < 22
-X + Y < 4
Y < 6
2X - 5Y < 0
X,Y > 0
Inventory Accounts
Refers to the ledger accounts that hold records of a company's raw materials, work-in-progress, and finished goods.
FOB Shipping Point
This term refers to a delivery method where the buyer assumes ownership and responsibility for goods the moment they leave the seller's premises.
Ending Inventory
The total value of all inventory a company has in stock at the end of a financial period.
Physical Count
The process of manually counting and verifying the quantities of inventory on hand at a specific point in time.
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