Question: Develop a simple application of twovariable linear programming problem to find an optimal product mix in a 'realistic' context. Specify the resources to be considered

Develop a simple application of twovariable

Develop a simple application of twovariable linear programming problem to find an optimal product mix in a 'realistic' context. Specify the resources to be considered and the resource requirements, market demand considerations, technical considerations, managerial policies, and any other relevant factors, and formulate the linear programming problem using realistic assumptions or estimates of the same. Find the optimal solution of your linear programming problem and discuss its sensitivity analysis and managerial implications

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