Question: Consider the following LP: maximize 5 x 1 + 8 x 2 + 6 x 3 subject to x 1 + x 2 + x
Consider the following LP:
maximize xxx
subject to
xxx
xxx
xxx
xxx
Answer the following questions manually without using CPLEX.
a Apply Simplex method to solve. What is the optimal basis? What are the basic and nonbasic variables?
b By how much can the objective coefficient for x change while keeping the same optimal basis in other words, what is
c Verify your answer in CPLEX by performing a sensitivity analysis.
d What is the shadow price of x
e By how much can the objective coefficient for x change while keeping the same optimal basis in other words, what is
f Verify your answer in CPLEX by performing a sensitivity analysis.
g What is the shadow price of x
h By how much can the rhs of the nd constraint change while keeping the same optimal basis in other words, what is the allowable
i Verify your answer in CPLEX by performing a sensitivity analysis.
j If the rd constraint changed to xxx will there be a change to the optimal basis?
k If the rd constraint changed to xxx will there be a change to the optimal basis?
l Assume we add an activity corresponding to the decision variable x with objective coefficient c and constraint coefficients and corresponding to the stnd and rd constraints. Will there be a change to the optimal basis?
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