# Question

Consider variation 3 of the political campaign problem (see table 15.6). refer to the resulting linear programming model for player 1 given near the end of sec. 15.5. ignoring the objective function variable x3, plot the feasible region for x1 and x2 graphically (as described in sec. 3.1). (hint: this feasible region consists of a single line segment.) next, write an algebraic expression for the maximizing value of x3 for any point in this feasible region. finally, use this expression to demonstrate that the optimal solution must, in fact, be the one given in sec. 15.5.

## Answer to relevant Questions

Consider the linear programming model for player 1 given near the end of Sec. 15.5 for variation 3 of the political campaign problem (see Table 15.6). Verify the optimal mixed strategies for both players given in Sec. 15.5 ...Two companies share the bulk of the market for a particular kind of product. Each is now planning its new marketing plans for the next year in an attempt to wrest some sales away from the other company. (The total sales for ...The Hit-and-Miss Manufacturing Company produces items that have a probability p of being defective. These items are produced in lots of 150. Past experience indicates that p for an entire lot is either 0.05 or 0.25. ...Silicon Dynamics has developed a new computer chip that will enable it to begin producing and marketing a personal computer if it so desires. Alternatively, it can sell the rights to the computer chip for $15 million. If the ...On Monday, a certain stock closed at $10 per share. On Tuesday, you expect the stock to close at $9, $10, or $11 per share, with respective probabilities 0.3, 0.3, and 0.4. On Wednesday, you expect the stock to close 10 ...Post your question

0