Question: Consider the linear problem Max 3 A + 2 b st 1 A + 1 B 10 3 A + 1 B 24 1 A

Consider the linear problem Max 3 A + 2 b st 1 A + 1 B 10 3 A + 1 B 24 1 A + 2 B 16 A, B 0 The value of the objective function is 27. Suppose that the right-hand side for constraint 1 is increased from 10 to 11. (1) (6 points) Use the graphical solution procedure to nd the new optimal solution. (2) (5 points) Use the graphical solution to part (1) to determine the shadow price for Page 3 of 7 BUSI 2013 4 th Learning Activity Spring 2021 constraint 1. (3) (8 points) The sensitivity report for the linear program in part (1) provides the following right hand side range information: Constraint Constraint R.H. Side Allowable Increase Allowable Decrease 1 10 1.2 2 2 24 6 6 3 16 3 What does the right hand side range information for constraint 1 tell you about the shadow price for constraint?

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