In Exercises 1–6, the initial tableau of a linear programming problem is given. Use the simplex method to solve each problem.
6.
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Finite Mathematics and Calculus with Applications (10th Edition)
- 23. Consider a simple economy with just two industries: farming and manufacturing. Farming consumes 1/2 of the food and 1/3 of the manufactured goods. Manufacturing consumes 1/2 of the food and 2/3 of the manufactured goods. Assuming the economy is closed and in equilibrium, find the relative outputs of the farming and manufacturing industries.arrow_forwardA small industry produces two items, 1 and 2. it operates at capacity and makes a profit of $6 on each itme 1 and $4 on each item 2. The following table gives the hours required to produce each item and the hours available per day. 1 2 hours available Assembly 2 hours 1 hour 100 Packaging and Inspection 1 hour 1 hour 60 What is the number of items that should be producedf each day to maximize profits? What is the maximum daily profit?arrow_forward
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