Business Mathematics ITU Board 2025
A watch dealer wishes to buy new watches and has two models M 1 and M 2 to choose from. Model M 1 costs Rs 100 and M 2 costs Rs 200. In view of the showcase of the dealer he wants to buy watches not…
5A watch dealer wishes to buy new watches and has two models and to choose from. Model costs Rs 100 and costs Rs 200. In view of the showcase of the dealer he wants to buy watches not more than 30 and can spend upto Rs 4,000. The watch dealer can make a profit of Rs 70 in and Rs 80 in . a) Formulate the above given information in the linear programming model. b) Calculate the maximum profit by using graphical or simplex method.
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