Question: 4. Consider the linear program in Problem 3. The value of the optimal solution is 48. Suppose that the right-hand side for constraint 1 is

4. Consider the linear program in Problem 3. The value of the optimal solution is 48. Suppose that the right-hand side for constraint 1 is increased from 9 to 10 a. Use the graphical solution procedure to find the new optimal solution ANSWER: b. Use the solution to part (a) to determine the shadow price for constraint 1. ANSWER: c. The sensitivity report for the linear program in Problem 3 provides the following right-hand-side range information: Constraint Constraint R.H. Side Allowable Increase Allowable Decrease 1 9.000 2.000 4.000 2 10.000 8.000 1.000 3 18.000 4.000 Infinite What does the right-hand-side range information for constraint 1 tell you about the shadow price for constraint 1? ANSWER d. The shadow price for constraint 2 is 3. Using this shadow price and the right-hand-side range Information in part (c), what conclusion can be drawn about the effect of changes to the right-hand side of constraint 2

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