Question: 1. Consider the Linear Program: MINIMIZE Z=4X1+7X2 (You solved it in Ch.7) Subject to: 4X1+5X22808X1+5X2240X1+5X2100X1andX20 (a) Calculate the slack or surplus (indicate which it is)

1. Consider the Linear Program: MINIMIZE Z=4X1+7X2 (You solved it in

1. Consider the Linear Program: MINIMIZE Z=4X1+7X2 (You solved it in Ch.7) Subject to: 4X1+5X22808X1+5X2240X1+5X2100X1andX20 (a) Calculate the slack or surplus (indicate which it is) in each of the three resource constraints at the optimal solution. (b) Calculate the shadow price for each of the three resource constraints. 2. Consider the Linear Program: MAXIMIZE Z=24X1+17X2 Subject to: 2X1+3X25X1+4X22X1+X2X1andX212080640 (a) Calculate the slack or surplus (indicate which it is) in each of the three resource constraints at the optimal solution. (b) Calculate the shadow price for each of the three resource constraints

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