Question: Identify a situation in your life/work previously or currently when you had a maximization or minimization decision to make that involved two decision variables and

 Identify a situation in your life/work previously or currently when you

Identify a situation in your life/work previously or currently when you had a maximization or minimization decision to make that involved two decision variables and at least two binding constraints. This one could be tricky to apply to your personal/work life. If you're stuck you can do something like thiss maximize income per week where the two decision variables are two different jobs ( x1 and x2 ) with two different wage rates (coefficients to 1 and 2 ) and the constraints are the hours you are available to work (Should include both decision variables) and the hours offered by the employer (should have one constraint per job). Instructions: - Describe the situation briefly, identify the decision variables and their coefficients, identify the binding constraints, and present the linear program using general linear programming notation as on p. 281. There must be at least two decision variables and at least two binding constraints and they must all be linear. - Then solve for the optimal solution

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