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To increase the production rate of a key component, a company is going to invest in new technology. Three models of equipment are available to purchase. The costs of three

equipment and the amount of product that can be produced on each are given in TableQ3 below. If the total budget available is £700,000, determine the investment policy to maximise thetotal amount of product produced, taking the feasible levels of investment on a £100,000increment.[20 marks]

Fig: 1

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