Question: Consider the following linear program and answer the following questions. Max 2 A + 3 B s . t . 5 A + 5 B

Consider the following linear program and answer the following questions.
Max 2A +3B
s.t.
5A +5B <=360 Constraint 1
1A +1B <=10 Constraint 2
1A +3B >=90 Constraint 3
A, B >=0
(c)
Identify the optimal extreme point. What is the optimal solution?
(A, B)=
Incorrect: Your answer is incorrect.
(d)
Which constraints are binding? Explain.
The optimal solution occurs at the intersection of constraints
1 and 2
Correct: Your answer is correct.
, so these are the binding constraints.
(e)
How much slack or surplus is associated with the nonbinding constraint?
Constraint
3
Correct: Your answer is correct.
is the nonbinding constraint. There is a
surplus
Correct: Your answer is correct.
of
90
Incorrect: Your answer is incorrect.
associated with this constraint.

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