Question: Consider the following linear program: Max 5x1 + 7x2 s.t. x1 6 2x1 + 3x2 19 x1 + x2 8 x1, x2 0 The graphical
Consider the following linear program: Max 5x1 + 7x2 s.t. x1 6 2x1 + 3x2 19 x1 + x2 8 x1, x2 0 The graphical solution to the problem is shown in the following page. From the graph, we see that the optimal solution occurs at x1 = 5, x2 = 3, and z = 46.
a. Calculate the range of optimality for each objective function coefficient
b. Calculate the dual price for each resource
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
