Question: Figure 16 shows the feasible set for the nutrition problem discussed in Example 1 of Section 3.3, along with the purple line of final cost

Figure 16 shows the feasible set for the nutrition problem discussed in Example 1 of Section 3.3, along with the purple line of final cost passing through the optimal point. The figure shows that, as long as the slope of the final cost line is between -3 and - 23, the optimal solution will still be at the same vertex.

(a) Suppose that the cost of a cup of rice is changed from 21¢ to A¢ but that the cost of a cup of soybeans remains at 14¢. Show that the lines of constant cost will each have slope - A/14.

(b) Show that, when - 3 ≤ - A/14 ≤ - 23, then 28/3 ≤ A ≤ 42. Conclude that the interval [28/3, 42] is the range of optimality for the cost of a cup of rice.

(c) Use similar reasoning to show that the range of optimality for the cost of a cup of soybeans is [7, 31.5].

calories protein m = -3 lealen

calories protein m = -3 lealen

Step by Step Solution

3.41 Rating (160 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a Ax 14y p or y A14x p14 The slope o... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Document Format (1 attachment)

Word file Icon

1385-M-S-L-P(2151).docx

120 KBs Word File

Students Have Also Explored These Related Statistics Questions!