Consider the following linear programming problem: MinA + 2B s.t. A + 4B 21 2A +

Question:

Consider the following linear programming problem:

MinA + 2B

s.t.

A + 4B ≤ 21

2A + B ≥ 7

3A + 1.5B ≤ 21

-2A + 6B ≥ 0

A, B ≥ 0

a. Find the optimal solution using the graphical solution procedure and the value of the objective function.

b. Determine the amount of slack or surplus for each constraint.

c. Suppose the objective function is changed to max 5A + 2B. Find the optimal solution and the value of the objective function.


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Quantitative Methods for Business

ISBN: 978-0324651751

11th Edition

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey cam

Question Posted: