Question: Consider the linear problem Max 3A + 2b st 1A + 1B 10 3A + 1B 24 1A + 2B 16 A,B 0 The value

Consider the linear problem Max 3A + 2b st 1A + 1B 10 3A + 1B 24 1A + 2B 16 A,B 0 The value of the optimal solution is 27. Suppose that the right-hand side for constraint 1 is increased from 10 to 11. 1. Use the graphical solution procedure to nd the new optimal solution. 39 2. Use the graphical solution to part (1) to determine the shadow price for constraint 1. 3. 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 10000 1200 2000 2 24000 6000 6000

3 16000 3000

What does the right hand side range information for constraint 1 tell you about the shadow price for constraint 1?

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