Question: Consider the following simplex tableaux (Table 4.8 ) for the Wyndor Glass Co. problem: - TABI.E. 4.8 Complete set of simplex tableaux for the Wyndor
Consider the following simplex tableaux (Table 4.8 ) for the Wyndor Glass Co. problem: - TABI.E. 4.8 Complete set of simplex tableaux for the Wyndor Glass Co. problem For each iteration, give the economic interpretation of the following: (a) Each of the coefficients of the slack variable (x3,x4,x5) in row (0). Here is the answer for iteration 0. Please include this in your solution submission. You will also need to provide an answer for iterations 1 and 2 . Iteration 0: Since all coefficients are zero, at the current solution (0,0), the three resources (production time per week at plants 1,2 , and 3) are free goods. This means increasing them does not improve the objective value. (b) Each of the coefficients of the decision variables (x1,x2) in row (0). Here is the answer for iteration 0. Please include this in your solution submission. You will also need to provide an answer for iterations 1 and 2 . Iteration 0: (3,5 ). Both activities 1 and 2 (number of batches of product 1 and 2 produced per week) can be initiated to give a more profitable allocation of the resources. The current contribution of the resources required to produce one batch of product 1 or 2 to the profit is smaller than the unit profit per batch of product 1 or 2 respectively
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