Question: $D$5 Constraint1 $D$6 Constraint2 Final Reduced Value Cost 4 0 0 -3 Objective Coefficient 4 1 Constraint R.H. Side 8 8 Allowable Increase 1E+30 3

$D$5 Constraint1 $D$6 Constraint2 Final Reduced

$D$5 Constraint1 $D$6 Constraint2

Final Reduced Value Cost

4 0

0 -3

Objective Coefficient

4 1

Constraint R.H. Side

8 8

Allowable Increase

1E+30 3

Allowable Increase

8 1E+30

Allowable Decrease

3 1E+30

Allowable Decrease

8 4

Final Value

8 4

Shadow Price

2 0

Suppose you are provided with the above partial output:

a) What is the optimal solution and value?

b) Which constraints are binding?

c) What are the ranges of the cost coefficients and what is true in those ranges?

d) What is the range of RHSs?

e) If the RHS of constraint1 were 13, what would the optimal value be?

Consider the following linear program: MaxZ=4x1+x2s.t.2x1+2x28x1+3x28x1,x20 SOLVER was used to solve the problem, yielding Suppose you are provided with the above partial output: a) What is the optimal solution and value? b) Which constraints are binding? c) What are the ranges of the cost coefficients and what is true in those ranges? d) What is the range of RHSs? e) If the RHS of constraint1 were 13, what would the optimal value be

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

How many constraints are with surplus and how many constraints are with slack? APPENDIX Below is the Excel Solver output. Note that the cell entry 1E+30 means an unlimited amount Objective Cell (Max)...

A furniture company manufactures desks and chairs. Each desk uses 8 units of wood, and each chair uses 6 units of wood. A desk contributes $400 to profit, and a chair contributes $250. Marketing...

ALL QUESTIONS ARE FOR THIS TABLE: 1. What is the optimal product mix? What is the optimal profit? A. x1=8; x2=0; x3=17; x4=33 The total profit is: 7475 B. x1=8; x2=0; x3=17; x4=30 The total profit...

A small motor manufacturer makes two types of motors, models A and B. The assembly process for each is similar in that both require a certain amount of wiring, drilling and assembly. Each model A...

A firm considers producing three different dining tables: X1, X2, and X3. Machine hours to produce each dining table, unit profits, and the available machine hours are as the following: The marketing...

The plant manager of a plastic pipe manufacturer has the opportunity to use two different routings for a particular type of plastic pipe. Routing 1 uses extruder A, and routing 2 uses extruder B....

Starbright Coffee Shop serves two coffee blends it brews on a daily basis, Pomona and Coastal Each is a blend of three high-quality coffees from Colombia, Kenya, and Indonesia. The coffee shop has 6...

Sensitivity Report Adjustable Cells Cell Name $B$10 Bags of Nugget $C$10 Bags of Mini-nugget $D$10 Bags of Chip Final Reduced Value Cost 53.6842 0 -2.05263 110.526 Objective Allowable Allowable...

Read "J&M Manufacturing" on Pages 575-578 (Evans, J. (2020). Business analytics (3rd ed.). Pearson.) in the textbook. Refer to the screenshot of Figure 15.11 (--attached--) with cells lettered A...

5. Nature's Best Frozen Foods company produces four different mixes of frozen, ready-to-eat vegetables. The mixes consist of five different vegetables: carrots, mushrooms, green peppers, broccoli,...

Describe the concepts of efficiency and effectiveness.

Chen Chocolate Company's EPS in 2016 was $1.25, and in 2011 it was $0.75. The companys payout ratio is 50%, and the stock is currently valued at $37.75. Flotation costs for new equity will be 15%....

I am looking for the correct answer to this general accounting question with appropriate explanations. A parent company acquired 100% of the common stock of its subsidiary for $300,000. The purchase...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...