Find the optimal solution for the following problem. Note: Round your answers to 3 decimal places. Maximize C = 13x + 9y subject to and 6x +11y ≤ 18 16x + 21y ≤ 41 x ≥ 0, y ≥ 0. a. What is the optimal value of x? X b. What is the optimal value of y? c. What is the maximum value of the objective function?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Find the optimal solution for the following problem.
Note: Round your answers to 3 decimal places.
Maximize C = 13x + 9y
subject to
and
6x + 11y ≤ 18
16x + 21y ≤ 41
x ≥ 0, y ≥ 0.
a. What is the optimal value of x?
X
b. What is the optimal value of y?
c. What is the maximum value of the objective function?
Transcribed Image Text:Find the optimal solution for the following problem. Note: Round your answers to 3 decimal places. Maximize C = 13x + 9y subject to and 6x + 11y ≤ 18 16x + 21y ≤ 41 x ≥ 0, y ≥ 0. a. What is the optimal value of x? X b. What is the optimal value of y? c. What is the maximum value of the objective function?
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