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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

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