In: Statistics and Probability
Consider the LP problem below: Minimize: ? = −2? + ? Subject
to:
3? + 4?...
Consider the LP problem below: Minimize: ? = −2? + ? Subject
to:
3? + 4? ≤ 80 −3? + 4? ≥ 8 ? + 4? ≥ 40
a) Solve the above problem using the simplex method of
solution.
b) Comment on the nature of solution to the above problem and
hence, interpret your answer
this is a quantitative method for decidion making question. Linear
programing problems using simplex tableau method