interpret the meaning of the minimum value in terms of the objective function in the following situation…

interpret the meaning of the minimum value in terms of the objective function in the following situation. you are starting a business and you want to minimize the cost of healthcare insurance that you provide for your employees. the constraints for healthcare benefits are graphed below. the objective function is c = 200x + 150y where c represents total cost of healthcare expenses for employees per month, x represents the number of full - time employees you have, and y represents the number of part - time employees that you have. you should hire 0 full - time employees and 20 part - time employees to have a minimum healthcare cost of $1500. you should hire 20 full - time employees and 60 part - time employees to have a minimum healthcare cost of $13000. you should hire 0 full - time employees and 80 part - time employees to have a minimum healthcare cost of $12000. you should hire 10 full - time employees and 0 part - time employees to have a minimum healthcare cost of $2000.

interpret the meaning of the minimum value in terms of the objective function in the following situation. you are starting a business and you want to minimize the cost of healthcare insurance that you provide for your employees. the constraints for healthcare benefits are graphed below. the objective function is c = 200x + 150y where c represents total cost of healthcare expenses for employees per month, x represents the number of full - time employees you have, and y represents the number of part - time employees that you have. you should hire 0 full - time employees and 20 part - time employees to have a minimum healthcare cost of $1500. you should hire 20 full - time employees and 60 part - time employees to have a minimum healthcare cost of $13000. you should hire 0 full - time employees and 80 part - time employees to have a minimum healthcare cost of $12000. you should hire 10 full - time employees and 0 part - time employees to have a minimum healthcare cost of $2000.

Answer

Answer:

A. You should hire 0 full - time employees and 20 part - time employees to have a minimum healthcare cost of $1500.