Consider the following linear program: Max 1A + 1B s.t. 5A + 3B 15 3A + 5B

Question:

Consider the following linear program:
Max 1A + 1B
s.t.
5A + 3B ≤15
3A + 5B ≤ 15
A, B ≥ 0
a. What is the optimal solution for this problem?
b. Suppose that the objective function is changed to 1A + 2B. Find the new optimal solution.

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

See More Books

Question Posted: Aug 02, 2012 03:54 AM

See More Questions

Consider the following linear program: Max 1A + 2B s.t. 1A 5 1B 4 2A + 2B = 12 A, B 0 a. Show the feasible region. b. What are the extreme points of the feasible region? c. Find the optimal...
Consider the following linear program: Max 3A + 2B s.t. 1A + 1B 10 3A + 1B 24 1A + 2B 16 A, B 0 a. Use the graphical solution procedure to find the optimal solution. b. Assume that the objective...
Consider the following linear program: Max 1A - 2B s.t. -4A + 3B 3 1A - 1B 3 A, B 0 a. Graph the feasible region for the problem. b. Is the feasible region unbounded? Explain. c. Find the optimal...
Walmart Stores has run into opposition when it has tried to open stores in certain towns in the United States. Walmarts capital budgeting process has determined that these locations would be...
What is recorded by the lessee under an operating lease?
Consider the risks typically associated with intangible longlived assets and identify the internal controls over these assets that you would expect a client to have in place.
In March 2015, a Nielsen global online survey "found that consumers are increasingly willing to pay more for socially responsible products." Over 30,000 people in 60 countries were polled about their...
What is the present worth of a series of equal quarterly payments of $3000 that extends over a period of 8 years if the interest rate is 10% compounded monthly?
The lost value of equipment over a period of time is called depreciation. The simplest method for calculating depreciation is straight-line depreciation. The annual straight-line depreciation D of an...
1. What were the drivers for internationalisation that led to Tevas rapid acquisition programme? 2. Describe the key motivations behind Tevas acquisition programme and comment on how well the...
Does the following linear program involve infeasibility, unbounded, and/or alternative optimal solutions? Explain. Max 1A + 1B s.t. 8A + 6B 24 2B 4 A, B 0
The manager of a small independent grocery store is trying to determine the best use of her shelf space for soft drinks. The store carries national and generic brands and currently has 200 square...
Why does a rent ceiling create an inefficient and unfair outcome in the housing market?
You believe that cooperation between the clinic receptionists and HIM staff would improve if phone responsibilities were more clearly defined. To whom would you assign the task of defining roles and...
The HIM staff tally information about the causes of complaints. What improvement tool would you use to prioritize the problems? Imagine you are the supervisor of the health information management...
After redesigning the process for investigating insurance denials, you want to monitor the effectiveness of your actions. What improvement tool would you use to determine whether the number of...
On 1 January 2010, an entity issued EUR 400,000 of 7 per cent bond at par. Interest on this loan stock is payable on 31 December each year. The stock is due for redemption at par on 31 December 2013...
Write a simple loop that lets you exercise the cache. By changing the number of statements in the loop body, you can vary the cache hit rate of the loop as it executes. You should be able to observe...
Bart and Lisa are both optimizing consumers in the markets for shirts and hats, where they pay $100 for a shirt and $50 for a hat. Bart buys 8 shirts and 4 hats, while Lisa buys 6 shirts and 12 hats....
Dr. Chan obtained a $15,000 demand loan at prime plus 1.5% on September 13 from the Bank of Montreal to purchase a new dental X-ray machine. Fixed payments of $700 will be deducted from the dentists...
A $20.0 \mathrm{~g}$ sample of ice at $-10.0^{\circ} \mathrm{C}$ is mixed with $100.0 \mathrm{~g}$ of water at $80.0^{\circ} \mathrm{C}$. Calculate the final temperature of the mixture...
The Big Bang Theory, a situation comedy featuring Johnny Galecki, Jim Parsons, and Kaley Cuoco, is one of the most watched programs on network television. The first two episodes for the 2011-2012...
The data contained in the file named StateUnemp show the unemployment rate in March 2011 and the unemployment rate in March 2012 for every state and the District of Columbia (Bureau of Labor...
Suppose that at the beginning of 2004 you invested $10,000 in the Stivers mutual fund and $5,000 in the Trippi mutual fund. The value of each investment at the end of each subsequent year is provided...
The quality-control department of Starr Communications, the manufacturer of video-game DVDs, has determined from records that 1.6% of the DVDS sold have video defects, 0.9% have audio defects, and...
What is the half-life in hours of procainamide in a patient whose total clearance is estimated to be 20 L/h and the volume of distribution is 120 L assuming one compartment, open model, first- order...
1. The technologies, such as ChatGPT, has been launched before introducing even a baseline of safety measures. This goes back to trade-offs that companies make, and people just watch the impact from...

Consider the following linear program: Max 1A + 1B s.t. 5A + 3B 15 3A + 5B

Question:

Step by Step Answer:

a b New optimal solution ...View the full answer

Quantitative Methods for Business

Students also viewed these Optimization questions