Essay
Use the following Management Scientist output to answer the questions.
MIN 4X1+5X2+6X3
S.T.
1) X1+X2+X3<85
2) 3X1+4X2+2X3>280
3) 2X1+4X2+4X3>320
Objective Function Value = 400.000
OBJECTIVE COEFFICIENT RANGES
RIGHT HAND SIDE RANGES
a.What is the optimal solution, and what is the value of the profit contribution?
b.Which constraints are binding?
c.What are the dual prices for each resource? Interpret.
d.Compute and interpret the ranges of optimality.
e.Compute and interpret the ranges of feasibility.
Correct Answer:

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a.x1 = 0, x2 = 80, x3 = 0, s1 = 5, s2 = 40, s...View Answer
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