Simultaneously use the upper bound technique and the dual simplex method manually to solve the following problem.
Question:
Minimize Z = 3x1 + 4x2 + 2x3,
Subject to
And
0 ¤ x1 ¤ 25, 0 ¤ x2 ¤ 5, 0 ¤ x3 ¤ 15.
Transcribed Image Text:
i +2 15
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 73% (19 reviews)
x 1 x 2 x 3 10 5 5 is optimal with Z 60 Bas Eq Var ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
Question Posted:
Students also viewed these Statistics questions
-
Consider the following problem. Maximize Z = 2x1 + x2, Subject to and x1 ¥ 0, x2 ¥ 0. I (a) Solve this problem graphically. (b) Use the upper bound technique manually to solve this problem....
-
Use the upper bound technique manually to solve the following problem. Maximize Z = x1 + 3x2 2x3, Subject to and x1 ¥ 0, x2 ¥ 0, x3 ¥ 0. 2 2x 22 8 12 2
-
Use the upper bound technique manually to solve the following problem. Maximize Z = 2x1 + 3x2 2x3 + 5x4, subject to and 2x 212 3 2x4 5 xi + 2x2-3x3 +4x4 5 0s, x 1, for j = 1,2, 3, 4
-
Bob was waiting at the crosswalk for the light to turn green. As he stood there, a car that was stopped in the road next to him suddenly exploded, and Bob was injured by the blast. A defect in the...
-
The following quote is from the paper Evaluation of the Accuracy of Different Methods Used to Estimate Weights in the Pediatric Population (Pediatrics [2009]: e1045e1051): As expected, the model...
-
At what distance from the center of Earth is the center of mass of the Earth-Moon system?
-
Rudiger is sitting at his desk in his seventh-floor corner office in the city, gazing out over London and reflecting on life. At 43, he is at the top of his game. He has everything he could wish fora...
-
The production engineers at Impact Industries have derived the expansion path shown in the following figure. The price of labor is $100 per unit. a. What price does Impact Industries pay for capital?...
-
How do ethical leaders navigate ethical gray areas and moral ambiguity in rapidly evolving business landscapes, exercising moral courage and ethical reflexivity to confront ethical challenges,...
-
Mahalo Boat Adventure Inc. has a July 31 year-end. It showed the following partial amortization schedules regarding two bond issues: Bond Issue A Period Ending June 1/20 Dec. 1/20 Dec. 1/26 June 1/27...
-
Use parametric linear programming to find the optimal solution for the following problem as a function of , for 0 20. Maximize Z () = (20 + 4)x1 + (30 - 3) x2 + 5x3, Subject to and x1 0, x2 0,...
-
Reconsider the example used to illustrate the interiorpoint algorithm in Sec. 8.4. Suppose that (x1, x2) = (1, 3) were used instead as the initial feasible trial solution. Perform two iterations...
-
State with reason whether the following statements are true (T) or false (F): a. For the double-log model, the slope and elasticity coefficients are the same. b. For the linear-in-variable (LIV)...
-
Emma Co.'s records reveal the following data at year-end: Commercial paper maturing in four months $1,600 Uncashed tax refund check 1,000 Petty cash 155 Certificates of deposit 1,675 Balance in Union...
-
Cat in the Hat LLC had the following items for the year ended December 31, 2023; these are all entire company level items unless otherwise labeled. During 2023, Cat in the Hat LLC removed all book...
-
This project is split into four (4) parts with one (1) part due each week of the course. Based on your readings, use of technology, research of literature, and other sources do the following: Part 1:...
-
Lider Balance General 31 Diciembre Ao 2020 ($ miles) ACTIVOS 2020 Circulante Efectivo $10,000.0 Cuentas por Cobrar $25,000.00 Inventarios Materia Prima $4,500.00 Productos en Proceso $4,500.00...
-
Select all that apply Demonstrate how inventory costs are treated both as assets and expenses by selecting the correct statement(s) below. (Check all that apply.) Multiple select question. Inventory...
-
In Exercises 1 through 16, use the method of Lagrange multipliers to find the indicated extremum. You may assume the extremum exists. Find the maximum value of f(x, y) = ln(xy 2 ) subject to 2x 2 +...
-
What impact has the Internet had on the globalization of small firms? How do you think small companies will use the Internet for business in the future?
-
Consider the following LP model: Maximize z = 4x1 + 14x2 Subject to 2x1 + 7x2 + x3 = 21 7x1 + 2x2 + x4 = 21 X1, x2, x3, x4 0 Check the optimality and feasibility of each of the following basic...
-
Consider the following LP model: Maximize z = 3x1 + 2x2 + 5x3 Subject to X1 + 2x2 + x3 + x4 = 30 3x1 + 2x3 + x5 = 60 X1 + 4x2 + x6 = 20 X1, x2, x3, x4, x5, x6 0 Check the optimality and feasibility...
-
Consider the following LP model: Minimize z = 2x1 + x2 Subject to 3x1 + x2 - x3 = 3 4x1 + 3x2 - x4 = 6 X1 + 2x2 + x5 = 3 X1, x2, x3, x4, x5 0 Compute the entire simplex tableau associated with the...
-
July August September October November December Total Average 350 450 460 390 390 360 4,960 413 3,020 3,500 4,020 3,290 3,170 3,070 $ 43,571 $ 3,631 PR 6-38 (Algo) Part 4 Compute the variable cost...
-
Discuss the main distinguishing features of majority, concurring, and dissenting opinions
-
On September 3, 2023, Wilkins purchased 1244 stock in Brass Corporation for $6,000. On December 31, 2023, the stock was worth $8,500. On August 15, 2024, Wilkins was notified that a. 2023-$0;...
Study smarter with the SolutionInn App