Question: Formulate ONLY ( Do Not Solve ) the Linear Program for the following: You are trying to create a budget to optimize the use of
Formulate ONLY Do Not Solve the Linear Program for the following:
You are trying to create a budget to optimize the use of a portion of your disposable income. You have a maximum of $ per month to be allocated to food, shelter, and entertainment. The amount spent monthly on food and shelter combined must not exceed $ The amount spent monthly on shelter alone must not exceed $ Entertainment cannot exceed $ per month. Each dollar spent on food has a satisfaction value of ; each dollar spent on shelter has a satisfaction value of ; each dollar spent on entertainment has a satisfaction value of Assume a linear relationship, determine the optimal allocation of funds to maximize your satisfaction. Formulate the linear program ie the system of equations to model this problem.
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