For the linear programming model for Southern Sporting Goods Company, formulated in Problem 7 and solved graphically
Question:
Problem 7 and solved graphically in Problem 8:
a. Determine the sensitivity ranges for the objective function coefficients and constraint quantity values, using graphical analysis.
b. Verify the sensitivity ranges determined in (a) by using the computer.
c. Using the computer, determine the shadow prices for the resources and explain their meaning.
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a For c 1 the upper limit is computed as 45 c 1 16 5c 1 64 c 1 128 and the lower limit is unlimited ...View the full answer
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