The compiler says "Package amsmath Error: \begin{aligned} allowed only in math mode." which I don't understand because "aligned" is inside an "equation" which per se is math mode.
\documentclass{article}
\usepackage{amsmath}
\usepackage{adjustbox}
\usepackage[utf8]{inputenc}
\begin{document}
\begin{adjustbox}{max totalsize={.4\textwidth},center}
\begin{equation*}
\textnormal{ Min} \qquad
\begin{aligned}
&36x_{11}+32x_{12}+33x_{13}+19x_{14}+\\
&10x_{21}+\; \: 8x_{22}+\; \: 7x_{23}+20x_{24}+\\
&12x_{31}+17x_{32}+16x_{33}+29x_{34}+\\
&23x_{41}+15x_{42}+16x_{43}+28x_{44}
\end{aligned}
\end{equation*}
\end{adjustbox}
\vskip 5mm
\begin{adjustbox}{max totalsize={.4\textwidth},center}
\begin{equation*}
\textnormal{ s.a.} \qquad
\begin{aligned}
&\sum_{i=1}^{4}x_{ij}=b_i \qquad \forall 1=1,2,3,4\\
&\sum_{i=1}^{4}x_{ij}=b_j \qquad \forall j=1,2,3,4\\
&x_{ij}\ge 0\\
&b_1=3\quad b_2=2 \quad b_3=1 \quad b_4=1
\end{aligned}
\end{equation*}
\end{adjustbox}
\end{document}
equation
environment in anadjustbox
? This will lead to quite inconsistent font sizes.