Consider the optimal solution to the Muddy River Chemical Corporation problem in Table M7.10. (a) For each

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Consider the optimal solution to the Muddy River Chemical Corporation problem in Table M7.10.


Consider the optimal solution to the Muddy River Chemical Corpor


(a) For each of the two chemical ingredients, phosphate and potassium, determine the range over which their cost may vary without affecting the basis.
(b) If the original constraint that “no more than 300 pounds of phosphate can be used” (X1 ≤ 300) were changed to (X1 ≤ 400) would the basis change? Would the values of X1, X2 and S2 change?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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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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