Question: Using the accompanying generic examples of linear optimzation models, identify which of the following are examples of linear optimization models. Type of Model Decision Objective
Using the accompanying generic examples of linear optimzation models, identify which of the following are examples of linear optimization models.

| Type of Model | Decision | Objective | Typical Constraints |
|---|---|---|---|
| Produce mix | Quantities of product to produce and sell | Maximize contribution to profit | Resource limitations(for example, production time, labor,material); minimum sales requirements; maximum sales potential |
| Process selection | Quantities of product to make using alternative processes | Minimize cost | Demand requirements; resource limitations |
| Blending | Quantity of materials to mix to produce one unit of output | Minimize cost | Specifications on acceptable mixture |
| Portfolio selection | Proportions to invest in different financial isntruments | Maximize future return or minimize risk exposure | Limit on availablefunds; sector requirements orrestrictions; proportional relationships on investment mix |
| Transportation | Amount to ship between scources of supply and destinations | Minimize total transportation costs | Limited availability otsources; required demands met at destinations |
| Multiperiod production planning | quantities of product to prodice in each of several time periods; amount of inventory to hold between periods | Minimize total production and inventory costs | Limited productionrates; material balance equations |
| Multiperiod financial management | Amounts to invest inshort-term investments | Maximize cash on hand | Cash balanceequations; required cash obligations |
| Production/marketing | Allocation of advertisingexpenditures; production quantities | Maximize profit | Budget limitation; production limitations; demand requirements |
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