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The Following Linear Programming Problem Has Been Written to Plan

question 63

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The following linear programming problem has been written to plan the production of two products.The company wants to maximize its profits.
X1 = number of product 1 produced in each batch X2 = number of product 2 produced in each batch
MAX: 150 X1 + 250 X2
Subject to: 2 X1 + 5 X2 ≤ 200
3 X1 + 7 X2 ≤ 175 X1,X2 ≥ 0
How much profit is earned if the company produces 10 units of product 1 and 5 units of product 2?

Determine equivalent payment values and settle obligations in financial transactions considering the time value of money.
Analyze and apply the concept of discount rates in financial decisions.
Calculate interest earned on term deposits and savings accounts.
Determine the interest owed on overdue accounts or delayed payments.

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