Question: Consider the following LP problem. Naxinize z - 2 . 9 3 x 1 + 1 . 9 0 x 2 , Subject t o
Consider the following LP problem.
Naxinize
Subject
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.
tableValue of at the oplimal solution,Value of at the oplimal solution,Maximum value of
b Identify the binding and nonbinding constraints ond report the slack value; as applicable.
Note: If the answer to constraints is "NonBinding" enter slack value to decimal places or leave cells blank.
tableConstraint Constraint
c Report the shadow price and range of feasibility of each binding constraint.
Note: If the answer to constraints is "Binding" enter the "Shadow price" and "Range of feasibility" to decimal places or leave cells blank.
tableAShadow Price,Range of FeasibulityFromToConstraint Constraint
d What is the range of optimality for the two objective function coefficients?
Note: Round your answers to decimal places.
tabletableRange of Optimality for theObjective FunctionCoemielentsFrom,To
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