Question: Consider the Linear Program: MAXIMIZE Z = 7X1+10X2 Subject to: X1+2X2 >= 4 4X1+5X2

Consider the Linear Program: MAXIMIZE Z = 7X1+10X2

Subject to: X1+2X2 >= 4

4X1+5X2 <= 60

3X1+5X2 <= 50

X1 and X2 >= 0

a. calculate the slack or surplus (indicate which it is) in each of the three constraints at the optimal solution.

b.. Calculate the shadow price for each of the three constraints. (show calculations by hand)

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