Exhibit 4.2
The following questions correspond to the problem below and associated Analytic Solver Platform sensitivity report.
Robert Hope received a welcome surprise in this management science class; the instructor has decided to let each person define the percentage contribution to their grade for each of the graded instruments used in the class. These instruments were: homework, an individual project, a mid-term exam, and a final exam. Robert's grades on these instruments were 75, 94, 85, and 92, respectively. However, the instructor complicated Robert's task somewhat by adding the following stipulations: The following LP model allows Robert to maximize his numerical grade.
-Refer to Exhibit 4.2. Constraint cell F9 corresponds to the constraint, W1 + W2 + W3 + W4 = 1, and has a shadow price of 75. Armed with this information, what can Robert request of his instructor regarding this constraint?
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Q38: To convert ≤ constraints into = constraints
Q39: A formulation has 20 variables and 8
Q40: Analytic Solver Platform provides sensitivity analysis information
Q41: Use slack variables to rewrite this problem
Q42: Slack variables
A) are always equal to zero.
B)
Q44: What are the objective function coefficients for
Q45: The Simplex method works by first
A) identifying
Q46: A formulation has 10 variables and 4
Q47: Consider the formulation below. The standard form
Q48: For a minimization problem, if a decision
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