Question: Consider the following LP problem. Maximize Subject to Constraint 1 : , 2 x 1 + 3 x 2 4 0 , Constraint 2 :
Consider the following LP problem.
Maximize
Subject to
Constraint :
Constraint :
Constraint :
where and represent the decision variables. Solve the LP problem to answer the following questions.
a What are the values of and at the optimal solution? What is the maximum value of
Note: Round your answers to decimal places.
b Identify the binding and nonbinding constraints and report the slack value, as applicable.
Note: If the answer to constraints is "NonBinding" enter slack value to decimal places or leave cells blank.
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