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The objective of a linear programming problem is to maximize 1.50A + 1.50B,subject to 3A + 2B ≤ 600,2A + 4B ≤ 600,1A + 3B ≤ 420,and A,B ≥ 0.
a.Plot the constraints on the grid below
c.Identify the feasible region and its corner points.Show your work.
d.What is the optimal product mix for this problem?
Market Price
The present rate at which a service or asset is available for purchase or sale.
Investment Option
A financial vehicle or asset that individuals can allocate capital towards with the expectation of a future return.
Return
The profit or loss derived from an investment or transaction.
Corporate Bond
A type of bond issued by corporations to fund capital investments and operations, promising to pay back with interest.
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