Solved

LINDO Output Is Given for the Following Linear Programming Problem

Question 29

Essay

LINDO output is given for the following linear programming problem.
MIN 12 X1 + 10 X2 + 9 X3
SUBJECT TO
2) 5 X1 + 8 X2 + 5 X3 >= 60
3) 8 X1 + 10 X2 + 5 X3 >= 80
END
LP OPTIMUM FOUND AT STEP 1
OBJECTIVE FUNCTION VALUE
1) 80.000000 LINDO output is given for the following linear programming problem. MIN 12 X1 + 10 X2 + 9 X3 SUBJECT TO 2) 5 X1 + 8 X2 + 5 X3 >= 60 3) 8 X1 + 10 X2 + 5 X3 >= 80 END LP OPTIMUM FOUND AT STEP 1 OBJECTIVE FUNCTION VALUE 1) 80.000000 NO. ITERATIONS= 1 RANGES IN WHICH THE BASIS IS UNCHANGED: a.What is the solution to the problem? b.Which constraints are binding? c.Interpret the reduced cost for x<sub>1</sub>. d.Interpret the dual price for constraint 2. e.What would happen if the cost of x<sub>1</sub> dropped to 10 and the cost of x<sub>2</sub> increased to 12? LINDO output is given for the following linear programming problem. MIN 12 X1 + 10 X2 + 9 X3 SUBJECT TO 2) 5 X1 + 8 X2 + 5 X3 >= 60 3) 8 X1 + 10 X2 + 5 X3 >= 80 END LP OPTIMUM FOUND AT STEP 1 OBJECTIVE FUNCTION VALUE 1) 80.000000 NO. ITERATIONS= 1 RANGES IN WHICH THE BASIS IS UNCHANGED: a.What is the solution to the problem? b.Which constraints are binding? c.Interpret the reduced cost for x<sub>1</sub>. d.Interpret the dual price for constraint 2. e.What would happen if the cost of x<sub>1</sub> dropped to 10 and the cost of x<sub>2</sub> increased to 12? NO. ITERATIONS= 1
RANGES IN WHICH THE BASIS IS UNCHANGED: LINDO output is given for the following linear programming problem. MIN 12 X1 + 10 X2 + 9 X3 SUBJECT TO 2) 5 X1 + 8 X2 + 5 X3 >= 60 3) 8 X1 + 10 X2 + 5 X3 >= 80 END LP OPTIMUM FOUND AT STEP 1 OBJECTIVE FUNCTION VALUE 1) 80.000000 NO. ITERATIONS= 1 RANGES IN WHICH THE BASIS IS UNCHANGED: a.What is the solution to the problem? b.Which constraints are binding? c.Interpret the reduced cost for x<sub>1</sub>. d.Interpret the dual price for constraint 2. e.What would happen if the cost of x<sub>1</sub> dropped to 10 and the cost of x<sub>2</sub> increased to 12? LINDO output is given for the following linear programming problem. MIN 12 X1 + 10 X2 + 9 X3 SUBJECT TO 2) 5 X1 + 8 X2 + 5 X3 >= 60 3) 8 X1 + 10 X2 + 5 X3 >= 80 END LP OPTIMUM FOUND AT STEP 1 OBJECTIVE FUNCTION VALUE 1) 80.000000 NO. ITERATIONS= 1 RANGES IN WHICH THE BASIS IS UNCHANGED: a.What is the solution to the problem? b.Which constraints are binding? c.Interpret the reduced cost for x<sub>1</sub>. d.Interpret the dual price for constraint 2. e.What would happen if the cost of x<sub>1</sub> dropped to 10 and the cost of x<sub>2</sub> increased to 12?
a.What is the solution to the problem?
b.Which constraints are binding?
c.Interpret the reduced cost for x1.
d.Interpret the dual price for constraint 2.
e.What would happen if the cost of x1 dropped to 10 and the cost of x2 increased to 12?

Correct Answer:

verifed

Verified

a.x1 = 0, x2 = 8, x3 = 0, s1 = 4, s2 = 0, z =...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: The amount of a sunk cost will

Q14: If the range of feasibility indicates that

Q17: To solve a linear programming problem with

Q24: Decreasing the objective function coefficient of a

Q25: Use the following Management Scientist output to

Q26: A section of output from The Management

Q27: Excel's Solver tool has been used in

Q28: The 100% Rule does not imply that

Q31: ​Describe each of the sections of output

Q33: The binding constraints for this problem are