10.6.2 - Minimization Problem
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Practice Questions
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Define a Minimization Problem in the context of Linear Programming.
💡 Hint: Think about what we want to achieve in these problems.
What is the graphical method?
💡 Hint: Consider how you can visualize constraints.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What is the objective of a Minimization Problem?
💡 Hint: Think about the term 'minimization'.
True or False: The Simplex Method is only applicable to maximization problems.
💡 Hint: Consider the versatility of the Simplex Method.
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Challenge Problems
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A bakery produces two types of pastries: A and B. Each pastry A costs $2, and each pastry B costs $3. They want to minimize costs while producing at least 50 pastries total. Each type involves different constraints on flour and sugar. Formulate their linear programming model.
💡 Hint: Identify your decision variables and the objective function first.
A company has a budget of $30,000 for a new marketing campaign. They need to minimize costs while maximizing reach. Costs are characterized by sources: Social Media, TV, and Radio. Determine potential constraints and formulate for minimizing marketing costs.
💡 Hint: How will each channel's effectiveness impact your constraints?
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