Question: Consider the following LP problem. Maximize z = 2 . 8 4 x 1 + 1 . 9 1 x 2 , Subject t o
Consider the following LP problem.
Maximize
Subject
Constraint :
Constraint :
where and represent the decision variables. Solve the LP problem to answer the following questions.
o 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 constralnts ls "NonBIndlng" enter slock value to declmal ploces or leave cells blonk.
c Report the shadow price and range of feasibility of each binding constraint.
Note: If the answer to constralnts is "BIndlng" enter the "Shaclow price" and "Range of feaslbllity" to declmal pleces or leave
cells blonk.
Binding
NonBinding
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