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    Spreadsheet Modeling and Decision Analysis
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    Exam 4: Sensitivity Analysis and the Simplex Method
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    Solve This Problem Graphically
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Solve This Problem Graphically

Question 60

Question 60

Essay

Solve this problem graphically.What is the optimal solution and what constraints are binding at the optimal solution?
MIN: 7 X1 + 3 X2
Subject to: 4 X1 + 4 X2 ≥ 40
2 X1 + 3 X2 ≥ 24 X1,X2 ≥ 0

Correct Answer:

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Obj = 30
X1 = 0
X2 = 10
...

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