Question: 4 . 9 - 4 . Consider the following problem. Maximize , Z = x 1 - 7 x 2 + 3 x 3 ,
Consider the following problem.
Maximize
subject to
resource
and
DI a Work through the simplex method step by step to solve the problem.
b Identify the shadow prices for the three resources and describe their significance.
C c Use a software package based on the simplex method to solve the problem and then to generate sensitivity information. Use this information to identify the shadow price for
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