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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 How much profit is earned if the company produces 10 units of product 1 and 5 units of product 2?
Intrinsic Reward
A non-physical reward that derives from the satisfaction or pleasure associated with completing a task or activity.
Personal Satisfaction
The level of contentment or fulfillment a person attains from achieving personal or professional goals.
Cash Bonus
A monetary reward given to employees in addition to their base salary as an incentive for achieving specific performance targets.
Return On Investment
A performance measure used to evaluate the efficiency or profitability of an investment, calculated as net profit divided by the cost of the investment.
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