Given the following linear program:
MAX 5x1 + 7x2
s.t.x1 < 6
2x1 + 3x2 < 19
x1 + x2 < 8
x1,x2 > 0
The graphical solution to the problem is shown below.From the graph we see that the optimal solution occurs at x1 = 5,x2 = 3,and z = 46.
a.Calculate the range of optimality for each objective function coefficient.
b.Calculate the dual price for each resource.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q18: The dual price for a percentage constraint
Q31: In a linear programming problem,the binding constraints
Q41: Portions of a Management Scientist output are
Q42: LINDO output is given for the following
Q43: Use the following Management Scientist output to
Q44: Consider the following linear program:
MIN 6x1 +
Q45: Excel's Solver tool has been used in
Q46: Eight of the entries have been deleted
Q47: Consider the following linear program:
MAX 3x1 +
Q49: Use the following Management Scientist output to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents