Business, 02.07.2021 18:10 milagrosee12
To allocate a warehouse space of 10,000 square feet to three products A, B, and C, a linear program approach is used. It is given that at least 40% of the space is allocated to product A, at least 20% of the space to product B, and at most 70% of the total space is allocated to A and C collectively. The profits from allocating the space to products A, B and C are $200, $300, and $400 per square foot respectively. Formulate a LP model for this problem to find the optimal allocation Policy.
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To allocate a warehouse space of 10,000 square feet to three products A, B, and C, a linear program...
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