Given the following conditional value table, determine the appropriate decision under uncertainty using: Optimization Technique Assignment, UMP, Malaysia
| University | Universiti Malaysia Pahang (UMP) |
| Subject | Optimization Technique Assignment |
Given the following conditional value table, determine the appropriate decision under uncertainty using:
a) Maximax
b) Maximin
c) Equally likely.
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Question 1
Solve the following LP minimization problem graphically:
Minimize cost=24X+15Y
Subject to:
7X+11Y ≥77
16X+4Y ≥80
X and Y ≥0
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