First we must create equations from our problem. Let's use a chart to find them in.
We have to identify what our x and y will represent in this equation and that will go in the top 2 sections. The last top section will determine whether we are minimizing or maximizing. Our max or min will determine whether we are finding a profit function or cost function. Last, down the x column and y column, that letter should be represented. We always have to remember, our profit/cost function will not have anything filled into the max/min. Cross this off |
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