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Maximizing the profit using LPP.

A manufacturer wants to maximize the profit of two products.  Product I yields a profit of $ 1.50 per unit, and product II yields a profit of $2.00 per unit.  Market tests and available resources have indicated the following constraints:

  • The combined production level should not exceed 1200 units per month.
  • The demand for product II is no more than half the demand for product I.
  • The production level of product I is less than or equal to 600 units plus three times the production level of product II.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M9727155

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