Question: Consider the following linear program: Max 2X + 3Y s.t. 5X +5Y 400 -1X+ 1Y 10 1X + 3Y 90 X, Y 0 a. Use

Consider the following linear program: Max 2X + 3Y s.t. 5X +5Y 400 -1X+ 1Y 10 1X + 3Y 90 X, Y 0

a. Use the graphical solution procedure to find the optimal solution.

b. Conduct a sensitivity analysis to determine the range of optimality for the objective function coefficients X & Y.

c. What are the binding constraints?

d. If the right-hand-side of the binding constraints are marginally increased, what will be the Dual Value?

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