Consider the Following Linear Program The Management Scientist Provided the Following Solution Output:
OPTIMAL SOLUTION
Consider the following linear program:
The Management Scientist provided the following solution output:
OPTIMAL SOLUTION
Objective Function Value = 27.000 OBJECTIVE COEFFICIENT RANGES RIGHT HAND SIDE RANGES
a.What is the optimal solution including the optimal value of the objective function?
b.Suppose the unit cost of x1 is decreased to $4. Is the above solution still optimal? What is the value of the objective function when this unit cost is decreased to $4?
c.How much can the unit cost of x2 be decreased without concern for the optimal solution changing?
d.If simultaneously the cost of x1 was raised to $7.5 and the cost of x2 was reduced to $6, would the current solution still remain optimal?
e.If the right-hand side of constraint 3 is increased by 1, what will be the effect on the optimal solution?
Correct Answer:
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