Question: In the optimal solution to a linear program, there are 20 units of slack for a constraint. From this we know that a. the dual

In the optimal solution to a linear program, there are 20 units of slack for a constraint. From this we know that

a. the dual price for this constraint is 20.

b. the dual price for this constraint is 0.

c. this constraint must be redundant.

d. the problem must be a maximization problem.

Step by Step Solution

★★★★★

3.52 Rating (149 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

ANSWER In linear programming the slack of a constraint represents the amount by which the le... 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

Students Have Also Explored These Related Quantitative Analysis For Management Questions!

Q:

The following is a linear programming model for analyzing the product mix of Maxines hat Company, which produces three hat styles: Maximize: $7x1+ $8x2 + $6x3 = Z Subject to: 2x1 + 4x2 + 2x3 ยค...

Q:

Which of the examples below is considered a time and materials contract? A software developer agrees to produce a program for $10,000. An outside consultant agrees to produce a report for $35 per...

Q:

A fabrication shop makes two types of valve actuators for explosive environments call them A and B. This actuator requires special manufacturing processes so there is one production line dedicated...

Q:

In the optimal solution to a linear program, there are 2 0 units of slack for a constraint. From this, we know that A . the dual price for this constraint is 0 . B . the dual price for this...

Q:

In the optimal solution to a linear program, there are 2 0 units of slack for a constraint. From this we know that

Q:

In the optimal solution to a linear program, there are 2 0 units of slack for a constraint. From this we know that

Q:

Formulation of initial tableau and interpretation of final tableau using the simplex method (a) The Argonaut Company makes three products. Xylos, Yoyos and Zicons. These are assembled from two...

Q:

(a) The Argonaut Company makes three products, Xylos, Yo-yos and Zicons. These are assembled from two components, Agrons and Bovons, which can be produced internally at a variable cost of 5 and 8...

Q:

Formulation of initial tableau and interpretation of final tableau using the simplex method (a) The Argonaut Company makes three products, Xylos, Yo-yos and Zicons. These are assembled from two...

Q:

In the optimal solution to a linear program, there are 2 0 units of slack for a constraint. From this we

Q:

Your firm needs to raise $ 10 million to finance its capital expenditures for the coming year. The firm earned $ 4 million last year and will pay out half this amount in dividends. If the firms CFO...

Q:

For many years businesses have struggled with the rising cost of health care. But recently, the increases have slowed due to less inflation in health care prices and employees paying for a larger...

Q:

In a price weighted stock market index, which stocks have the greatest influence on index movements?

Q:

3. How does the location of the money market differ from that of the capital market? ( LG 1-2 )

Q:

What are critical points?

Q:

Find the critical point for the function Y = 6X 2 5X + 4. Is this a maximum, minimum, or point of inflection?

Q:

Find the critical points for the function Y = (1/3) X3 5X2 + 25X + 12. Identify each critical point as a maximum or a minimum or a point of inflection.

Q:

A user that inputs 1 and 3 into the following code will result in what output? board = [ [ " - " , " - " , " - " ] , [ " - " , " - " , " - " ] , [ " - " , " - " , " - " ] ] col = int ( input ( " X...

Q:

Question: What is the logical view of data? Deals with the physical storage of data on a storage

Q:

Which of the following loans has payments that can get larger? A. 15 year FRM B. 20 year FRM C. 30 year FRM D. 5/1 ARM