Essay
Use the following Management Scientist output to answer the questions.
LINEAR PROGRAMMING PROBLEM
MAX 31X1+35X2+32X3
S.T.
1)3X1+5X2+2X3>90
2)6X1+7X2+8X3<150
3)5X1+3X2+3X3<120
OPTIMAL SOLUTION
Objective Function Value = 763.333 OBJECTIVE COEFFICIENT RANGES RIGHT HAND SIDE RANGES
a.Give the solution to the problem.
b.Which constraints are binding?
c.What would happen if the coefficient of x1 increased by 3?
d.What would happen if the right-hand side of constraint 1 increased by 10?
Correct Answer:

Verified
a.x1 = 13.33,x2 = 10,x3 = 0,s1 = 0,s2 = 0,s3 =...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q3: The amount of a sunk cost will
Q5: Which of the following is not a
Q20: The reduced cost for a positive decision
Q24: A constraint with a positive slack value<br>A)will
Q30: Use the following Management Scientist output
Q36: In a linear programming problem,the binding constraints
Q43: If a decision variable is not positive
Q43: The dual price measures, per unit increase
Q54: The dual price for a < constraint<br>A)
Q55: How can the interpretation of dual prices