Question: Consider the following resource allocation problem: maxz = 5 x 1 + 4 x 2 + 3 x 3 subject t o : x 1

Consider the following resource allocation problem:
maxz=5x1+4x2+3x3
subject to:
x1+x315,(resource1)
x2+2x325,(resource2)
x1,x2,x30
(a) Construct the dual problem for this primal problem
(b) Solve the dual problem graphically
(c) From the graphical solution obtained in (b), find the shadow prices for (resource 1) and (resource 2) and the reduced costs for activities x1,x2 and x3.
2. By inspection only, find the optimal value of the following LP from its dual.
Minimize z=10x1+4x2+6x3
subject to5x1-7x2+2x325
x1,x2,x30
Solve the following problem using Lagrange optimization and estimate the change in the optimal objective function value when the right hand side increases by 5%, i.e. the right hand side increases from 8 to 8.4.
max2x+y
subject to4x2+y2=8
You want to minimize the surface area of a cone-shaped drinking cup having fixed volume V0. Solve the problem as a constrained optimization problem. To simplify the algebra, minimize the square of the area. The area is rr2+h22. Solve the problem using Lagrange multipliers. Hint. You can assume that r0 in the optimal solution.
 Consider the following resource allocation problem: maxz=5x1+4x2+3x3 subject to: x1+x315,(resource1) x2+2x325,(resource2)

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