Question: 14) The following table represents the optimal solution for a maximixation model, where 51 is a slack variable added to the first raw material resource

14) The following table represents the optimal solution for a maximixation

14) The following table represents the optimal solution for a maximixation model, where 51 is a slack variable added to the first raw material resource constraint, and 52 is a slack variable added to the second raw material resource constraint. Both resources are in units. If the company declde to increase the avallability aftha first resource by 5 units with cost of 1 per unit, and increase the second resource by 3 units with cost A. The company will lose, as the cost of added unum 13 8. Company will increase its profit to Znww =69.5 Company will increase its profit to Znew =79 Company will increase its profit to Znen=67.5

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock 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 General Management Questions!

help to solve this question 14) The following table represents the optimal solution for a maximixation model, where 51 is a slack variable added to the first raw material resource constraint, and 52...

6) The following table represents an infeasible solution for a model to be solved by generalized simplex. To perform one iteration, which variable should leave x1 x2 X3 s1 s2 s3 RHS 0 -5 0 0 6 3 40 0...

7) The following table represents the optimal solution for a maximization model, where S1 is a slack variable added to the first labor time resource constraint, and S2 is a slack variable added to...

uantitative Analysis BA 452 Homework 3 Questions Homework 3 covers the theory and applications in Lessons I-6 and I-7. This document has four parts: Objectives of doing your homework. Assignment of...

In the rest of this chapter, we lead the reader through the formulation of several more complicated linear programming models. The most important step in formulating an LP model is the proper choice...

The best definition for nonparametric statistics I can think of is when data does not fit inside the normal parameters of a normal distribution, it calls for the use of this statistical method....

plaese answer these qustion rest of the question The mathematical model of the problem is given below; Xi: number of chairs produced Xx: number of tables produced Max Z = 10X1+ 12x (Objective...

4) One of the following statement is incorrect about the next table for a maximization problem s3 X2 X3 X1 0 s1 0 0 RHS 40 0 10 s2 2. 3 -2 5 NO 0 1 0 Now co o 0 1 0 2 8 0 -1 1 0 a) The model has...

Income Statement Vertical Analysis - The Clorox Company (All items on each statement is a % of net sales on the statements rounded to 1 decimal point) Using Excel , compute common-size income...

Eric and Mary Reynolds operate an RV repair shop and are avid RVers themselves. Because of their familiarity with RVs, they have developed the Lock-Awn Anti-Billowing Device, which they believe is a...

One way of experimentally measuring the frequency response is to plot the output sine wave versus the input sine wave. The results of such a plot look like Fig. P15-4. This is the sinusoidal...

Under the mosaic theory an analyst can most likely use: Group of answer choices Material public information and non material , non public information Material non public information Public...

Financial Statements and Closing Entries Last Chance Company offers legal consulting advice to prison inmates. Last Chance Company prepared the end-of-period spreadsheet that follows at June 30,...