A graphical approach was used to solve the following LP model in problem. Maximize profit+ $4x +$5y Subject to the constraints 5x+2y ≤ 40 3x +6y ≤ 30 x ≤ 7 2x – y ≥ 3 x, y ≥ 0 Use the graphical solution to answer the following questions. Each question is independent of the others. Determine if (and how

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

A graphical approach was used to solve the following LP model in problem.

Maximize profit+ $4x +$5y

Subject to the constraints

5x+2y ≤ 40

3x +6y ≤ 30

x ≤ 7

2x – y ≥ 3

x, y ≥ 0

Use the graphical solution to answer the following questions. Each question is independent of the others.

Determine if (and how ) the following changes would affect the optimal solution values and or profit.

a. A technical breakthrough raises the profit per unit of Y to $10.

b. The profit per unit of X decreases to only $2.

c. The first constraint changes to 5x + 2y ≤ 54.

Related Book For  answer-question

Managerial Decision Modeling with Spreadsheets

3rd edition

Authors: Nagraj Balakrishnan, Barry Render, Jr. Ralph M. Stair

ISBN: 978-0136115830