Below table describes a transportation problem:To=>13Supply| 36FromA40| 3307.30Demand207010Use the northwest corner method to get an initial solution. What is the cost of the initial solution?What is the cost of the optimal solution?Is the solution degenerate? Please answer as Yes or No. Define alternative optimal solutions with respect to an LP solution.

Find the Given details below: Given details: 1 2 3 Supply A 3 6 4 40 B 3 4 5 30 C 5 7 6…

Answered: Below table describes a transportation…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter6: Optimization Models With Integer Variables

Section6.5: Set-covering And Location-assignment Models

Problem 34P

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Long-Life Insurance has developed a linear model that it uses to determine the amount of term life Insurance a family of four should have, based on the current age of the head of the household. The equation is: y=150 -0.10x where y= Insurance needed ($000) x = Current age of head of household b. Use the equation to determine the amount of term life Insurance to recommend for a family of four of the head of the household is 40 years old. (Round your answer to 2 decimal places.) Amount of term life insurance thousands
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