Question: Consider the following LP problem with two constraints: 28X + 5Y >= 140 and 23X + 2Y >= 46. The objective function is Max 11X
Consider the following LP problem with two constraints: 28X + 5Y >= 140 and 23X + 2Y >= 46. The objective function is Max 11X + 29Y . What combination of X and Y will yield the optimum solution for this problem?
a.
2 , 0
b.
1 , 11.5
c.
0 , 23
d.
infeasible problem
e.
unbounded problem
Two delivery options are available for delivering 70 boxes. The annual holding cost is 31 % of the cost. Assume 365 days per year. 2-day delivery option costs $300 while 6-day delivery option costs $100. Determine a minimum unit cost for a box for which 2-day delivery alternative would be least costly?
a.
280.3
b.
841
c.
560.7
d.
420.5
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