Question: 5 - 2 2 . Consider the following final simplex tableau for a linear programming problem: Simplex Tableau: 1 a . Identify the optimal solution.
Consider the following final simplex tableau for a linear programming problem:
Simplex Tableau:
a Identify the optimal solution.
b What is the marginal value of an additional unit of resource in the first constraint? What is the range
of within which the marginal value is valid
c Is there an alternate optimal solution? If so identify the new solution.
d Suppose that the firm can obtain additional units of resource for the fourth constraint at the price
of $ each Should it obtain these additional units? Why or why not?
e Suppose that the firm can obtain additional resources for the second constraint at a price of $ per unit
more than the current price Should it purchase these additional resources? If so how many
units?
f Suppose that the firm signed a trade agreement with its competitor, and the agreement resulted in a
new constraint, Derive the new solution with this additional constraint.
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