Formulate a linear programming model for given problem


Discussion:

1.A company produces two products that are processed on two assembly lines. Assembly line 1 has 100 available hours, and assembly 2 has 42 available hours. Each product requires 10 hours of processing time on line 1, while on line 2 product 1 requires 7 hours and product 2 requires 3 hours. The profit for product 1 is $6 per unit, and the profit for product 2 is $4 per unit.

A. Formulate a linear programming model for this problem.

B. Solve this model by using graphical analysis.

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Microeconomics: Formulate a linear programming model for given problem
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