Question: Maximize production for a manufacturing process with a $12 million budget and which uses x kilograms of one raw material and y kilograms of a

Maximize production for a manufacturing process with a $12 million budget and which uses x kilograms of one raw material and y kilograms of a second raw material to make Q = 3 ln(x + 1) + 2 ln(y + 1) units of product. The first raw material costs $6 million per kilogram and the second costs $3 million per kilogram.

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Since the budget is fully spent the constraint is 6x 3y 12 At the maximum Dividing to eliminate ... View full answer

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