A linear program has a maximum profit of $600. One constraint in this problem is 4X +

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A linear program has a maximum profit of $600. One constraint in this problem is 4X + 2Y ≤ 80. Using a computer we find the dual price for this constraint is 3, and there is a lower bound of 75 and an upper bound of 100. Explain what this means.

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Quantitative Analysis for Management

ISBN: 978-0132149112

11th Edition

Authors: Barry render, Ralph m. stair, Michael e. Hanna

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Question Posted: Aug 31, 2012 06:20 AM

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A linear program has a maximum profit of $600. One constraint in this problem is 4X +

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Quantitative Analysis for Management

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