Linear Programming: 2 problems to maximize profit and minimi
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Solve the following linear programming problem graphically, Maximize profit=
4x + 6y, Subject to: x + 2y ,< 8, 5x + 4y < 20, Non-negativity requirements x, y > 0, the greater than and less than sign have line under therm.
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Solution Summary
Attached is the full solution in Excel.
Also, I have attached screenshots of the Excel Solver dialogs for setting up the problem in Excel and an image of solving the problem graphically in Excel to verify the solution.
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