As a manager, you may be asked to figure out the quantity of product that must be
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As a manager, you may be asked to figure out the quantity of product that must be manufactured in order to turn a profit. Linear programming can help provide a production strategy and guide you to recommendations on how to maximize profits.
Please respond to all of the following prompts:
Read through Case Problem 2, page 300.
In what specific ways can using a linear programming model provide profit solutions in situations like this? What would your recommendation be on production quantities in regards to maximizing profits and why?
What other industries use a linear programming model to create a profit strategy? Find an example via internet searches.
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