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QUESTION

Sporting Goods Resource Requirements per Unit (a) Product Basketball Football Rubber (lb.5 Resource Requirements per Unit (c-1) Leather (f2) 3.2...

Explain what the shadow price means in a maximization problem. Explain what this tells us from a management perspective.

2.Practice setting up linear programming models for business applications 

Select an even-numbered LP problem from the text, excluding 14, 20, 22, 36 (which are part of your homework assignment). Formulate a linear programming model for the problem you select.

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