Question: Consider the linear program in Problem 1. The value of the optimal solution is 27. a) Use the graphical solution procedure to find the new

Consider the linear program in Problem 1. The value of the optimal solution is 27.

a) Use the graphical solution procedure to find the new optimal solution

b) Use the solution to part (a) to determine the shadow price for constraint 1

c) The sensitivity report for the linear program 1 provides the following right-hand-side range information:

Constraint Constraint R.H side Allowable increase Allowable decrease

1 10.000 1.200 2.000

2 24.000 6.000 6.000

3 16.000 Infinite 3.000

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

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