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Consider the following maximization problem:
Max z = x1 + 2x2
s.t. x1 + x2 ≥ 300
2x1 + x2 ≥ 400
2x1 + 5x2 ≤ 750
x1, x2 ≥ 0
Use graphical method. What is the optimal value of z? Choose the closest value.
a.562
b.712
c.734
d.720
Basic Finance, Finance
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