Question: You have set aside 20 hours to work on two class projects. You want to maximize your grade (measured in points), which depends on how
You have set aside 20 hours to work on two class projects. You want to maximize your grade (measured in points), which depends on how you divide your time between the two projects.
(a) What is the objective function for this optimization problem and what are its units?
(b) What is the constraint?
(c) Suppose you solve the problem by the method of Lagrange multipliers. What are the units for λ?
(d) What is the practical meaning of the statement λ = 5?
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