Consider the following linear program:
Objective Function Value = 20.000 OBJECTIVE COEFFICIENT RANGES RIGHT HAND SIDE RANGES
a.What is the optimal solution including the optimal value of the objective function?
b.Suppose the profit on x1 is increased to $7. Is the above solution still optimal? What is the value of the objective function when this unit profit is increased to $7?
c.If the unit profit on x2 was $10 instead of $4, would the optimal solution change?
d.If simultaneously the profit on x1 was raised to $5.5 and the profit on x2 was reduced to $3, would the current solution still remain optimal?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q43: How can the interpretation of dual prices
Q46: Describe each of the sections of output
Q54: The LP problem whose output follows
Q56: Eight of the entries have been
Q57: The binding constraints for this problem
Q58: The optimal solution of the linear
Q59: In a linear programming problem,the binding constraints
Q62: Given the following linear program:
Q63: Consider the following linear program:
Q64: Portions of a Management Scientist output
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