Solved: Objective function for transportation costs, Macroeconomics

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Objective function for transportation costs

Question: Interpret the components of the mathematical equations that describe the linear programming problem for each of the following:

1. The double-subscripted notation for the objective function for transportation costs (Town B): 3x11+ 2x12 + 7x13 + 6x14

2. The double-subscripted notation for the supply constraint at Town B: x11 + x12 + x13 + x14 ≤ 5,000

3. The inequality symbol in the supply constraint

4. The double-subscripted notation for the demand constraint for Town C: x11 + x21 + x31 = 8,000

5. The variable x in these equations

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