Question: 1. Show how to define a decision problem according to three (3) principal elements: Description of the decision alternatives, Determination of the objective of the

1. Show how to define a decision problem according to three (3) principal elements:

  • Description of the decision alternatives,
  • Determination of the objective of the study, and
  • Specification of the limitations under which the modeled system operates.

2. Translate the defined problem into a linear programming (LP) model.

Formulate a real scenario that depicts the two (2) items specified above

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