Question: a ) Explain the steps followed in formulating a standard linear program problem ( 6 marks ) b ) A firm produces three products
a Explain the steps followed in formulating a standard linear program problem marks
b A firm produces three products X Y Z with a contribution of ksh and respectively. Production data is as follows:
begintabularllll
hline & Machine Hours & Labour Hours & Materials
hline X & & &
hline Y & & &
hline Z & & &
hline Availability & & &
hline
endtabular
The manufacturer wishes to establish the weekly production plan which maximizes contributuion using the simplex method marks
c Explain and illustreate the concept of Shadow prices marks
d A Manufucturer is to market a new fertilizer which is to be a mixture of two ingredients A and B The properties of the two Ingredients are:
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