a)
To formulate: A linear program to identify the books and the number of each books that should be published to maximize the profit.
Introduction:
Linear programming:
It is a linear optimization technique followed to develop the best outcome for the linear programming problem. The outcome might be to maximize profit, minimum cost or to determine the optimal product mix. The outcome will take into consideration the constraints present in achieving the solution.
b)
To determine: The optimal solution for the linear programming problem.
Introduction:
Linear programming:
It is a linear optimization technique followed to develop the best outcome for the linear programming problem. The outcome might be to maximize profit, minimum cost or to determine the optimal product mix. The outcome will take into consideration the constraints present in achieving the solution.
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