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Given the Following Linear Program The Graphical Solution to the Problem Is Shown Below

Question 62

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Given the following linear program:
Max5x1+7x2 s.t. x162x1+3x219x1+x28x1,x20\begin{array} { l r } \operatorname { Max } & 5 x _ { 1 } + 7 x _ { 2 } \\\text { s.t. }& x _ { 1 } \leq 6 \\ & 2 x _ { 1 } + 3 x _ { 2 } \leq 19 \\& x _ { 1 } + x _ { 2 } \leq 8 \\& x _ { 1 } , x _ { 2 } \geq 0\end{array}
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 obj.func.= 46.  Given the following linear program:   \begin{array} { l r }  \operatorname { Max } & 5 x _ { 1 } + 7 x _ { 2 } \\ \text { s.t. }& x _ { 1 } \leq 6 \\  & 2 x _ { 1 } + 3 x _ { 2 } \leq 19 \\ & x _ { 1 } + x _ { 2 } \leq 8 \\ & x _ { 1 } , x _ { 2 } \geq 0 \end{array}   The graphical solution to the problem is shown below.From the graph we see that the optimal solution occurs at x<sub>1</sub> = 5,x<sub>2</sub> = 3,and obj.func.= 46.    a.Calculate the range of optimality for each objective function coefficient. b.Calculate the dual price for each resource.
a.Calculate the range of optimality for each objective function coefficient.
b.Calculate the dual price for each resource.

Correct Answer:

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a.Ranges of optimality: 14/3 F1...

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