Question: Below is the section of the linear programming output: The objective function is a profit function expressed as 100x1+ 150x2 Variable Final Reduced Objective Allowable
Below is the section of the linear programming output:
The objective function is a profit function expressed as 100x1+ 150x2
Variable Final Reduced Objective Allowable Allowable
Value Cost Coefficient Increase Decrease
x1 321 6 100 20 40
What will happen to the solution if the profit per unit of x1 decreases by $20?
| a. | The problem will need to be re-solved to find the new optimal solutoin. | |
| b. | Both the objective function and the shadow prices will change | |
| c. | Nothing. The values of the decision variables, shadow prices and objective function will all remain the same | |
| d. | The value of the objective function will change, but the values of the decision variables and the shadow prices will remain the same. |
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