Question: Consider the following LP model. Max Z=3A + 4B St -A + 2B 8 (1) (2) A + 2B 12 2A + B 16

Consider the following LP model. Max Z = 3A + 4B St -A + 2B 8 A + 2B  12 2A + B  16 A, B0 (1) (2) (3) (a)

Consider the following LP model. Max Z=3A + 4B St -A + 2B 8 (1) (2) A + 2B 12 2A + B 16 A, B0 (3) (a) Solve the problem using the graphical method presented in class. Put A on X-axis. Clearly mark the feasible region and direction of increase/decrease of Z and state what the optimal solution is (value of A, B, Z). (b) Compute the dual price for constraint 1 and 2. Show your work, no marks will be given for simply writing down a number.

Step by Step Solution

3.40 Rating (162 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!