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(Solution Library) A pharmaceutical firm is about to begin production of three new drugs. An objective function designed to minimize ingredient costs and

Question: A pharmaceutical firm is about to begin production of three new drugs. An objective function designed to minimize ingredient costs and three production constraints are as follows:

Minimize Cost 50X 1 + 10X 2 + 75X 3

Subject to: X 1 - X 2 = 1000

2X 2 + 2X 3 = 2000

X 1 < 1500

X 1 , X 2 , X 3 > 0

  1. Convert these constraints and objective function to the proper form for use in the simplex tableau.
  2. Solve the problem by the simplex method. What is the optimal solution and cost?

Price: $2.99
Solution: The downloadable solution consists of 3 pages
Deliverable: Word Document


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