Question

In: Operations Management

Consider the following linear programming problem: Z=$15X+$20Y Subject to: 8X+5Y<=40 0.4X+Y>=4 Solve the values of x...

Consider the following linear programming problem:
Z=$15X+$20Y
Subject to:
8X+5Y<=40
0.4X+Y>=4
Solve the values of x and y that will maximize revenue by using the corner point method graphical approach to linear programming. What revenue will result? Please show work.

Solutions

Expert Solution

Highlight the cell next to X &Y and use the function MMULT. Hold ctrl+shift and press enter


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