Unit processing times (in hrs) Product 1 Product 2 Minimum Working Hours Plant 1 2 4 16 Plant 2 4 3 24 Unit production costs 6 3 Suppose that you have two products, (Product 1 and 2), which can be produced in one of two plants (Plant 1 and 2). The corresponding unit processing times of each product on each plant, and their unit costs are given. Each plant has a minimum working hour limit, as shown in the table below. Decision variables for the problem are defined as A: number of product 1 produced, and B: number of product 2 produced. Formulated the problem as an LP minimizing total cost and solve it by graphical method. Explicitly show the isocost lines, the intersection of the costraints and the optimal solution on the graph. Then, according to your graph, answer the following questions. (i) What is the shadow price of the Constraint 1 (Plant 1 Constraint)? Compute and show on graph. (ii) What is the shadow price of the Constraint 2 (Plant2 Constraint)? Compute and show on graph. (iii) What is the reduced cost of A? (How much should the objective function coefficient of A reduced from 6 for it to become nonzero in the optimal solution?)

Q: How do I solve this

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Q: what is the answer to the problem

A: We want to use implicit differentiation to find partial derivatives.

Q: How did it go from step 2 to the answer?

A: The given integral is sec2(4x).

Q: I'm confused on how to get the answer to question 5.

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Q: why part b and c you not solved ?

A: Given in 1998 an advertising company announced a 1000 chips challenge. Given…

Q: My question was how to solve it ? I neeed to know how to do it step-by-step too.

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Q: How do you solve this problem?

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Q: Can you perform parts iii and iv in R please?

A: Using the previously submitted solution,sample mean = 14.81569sample standard deviation =…

Q: how to solve this question

A: Step 1: Step 2: Step 3: Step 4:

Q: Can you teach people a simpler way to do this?

A: Here, I have taken marked price as $100.

Q: 37 What is the positive solution to the equation 0

A: To find: The positive solution of the equation 0=13x2-3. Calculation: The solution of the equation…

Q: could you solve the second question as well

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Q: Could you further explain how you got this?

A: Given data :  n = 4 u = 35000 o = 5000 P(x > 40000) = ?

Q: How do I solve this question?

A: Topic - slope of function To find slope at a point ,take two points on the line and calculate slope…

Q: Can you help me solve #5

A: Given: function and interval.

Q: Hello I need help solving this question, parts b-d thank you!

A: Given dat: Mean = 20 Standard deviation  = 6 To find the respective  probabilities

Q: tanx 2 √2² sec xdx

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.