Question: A linear programming model has been formulated for two products, X and Y. The objective function is depicted by the formula C=7X+9Y, where C= contribution,

A linear programming model has been formulated for two products, X and Y. The objective function is depicted by the formula C=7X+9Y, where C= contribution, X= the number of product X to be produced and Y= the number of product Y to be produced. Each unit of X uses 2kg of material Z and each unit of Y uses 3kg of material Z. The standard cost of material Z is $3 per kg. The shadow price for material Z has been worked out and found to be $2.80 per kg
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