Question: For the following linear programming problem: Max 0.5A + 4B s.t. -2A + 3B 8 (Constraint 1) 6A - 2B 5 (Constraint 2) A 1

For the following linear programming problem: Max 0.5A + 4B s.t. -2A + 3B 8 (Constraint 1) 6A - 2B 5 (Constraint 2) A 1 (Constraint 3) A + B 5 (Constraint 4) A, B 0 (Note: IN ORDER TO GET FULL MARKS, SHOW ALL CALCULATION STEPS. FAILURE TO DO SO WILL RESULT IN A SCORE OF 0.) a) Solve the LP Model using the graphical method. Label your graph completely (and upload your graph as a jpg). State your optimal solution and objective function value. b) Calculate the Slack/Surplus for each constraint. c) Calculate the Shadow/dual Prices for each constraint.

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!

Consider the following linear programming problem: Max 3 A + 3 B st . 2 A + 4 B = 0 The point ( 0 . 0 , 0 . 0 ) is: Consider the following linear programming...

12. Consider the following linear programming problem: Max 3A + 3B s.t. 2A + 4B 12 6A + 4B 24 A,B 0 a. Find the optimal solution using the graphical solution procedure. b. If the objective function...

1. Consider the following linear programming problem: Max 3A + 3B s.t. 2A + 4B 12 6A + 4B 24 A, B 0 a. Find the optimal solution using the graphical solution procedure. b. If the objective function...

Please help me out with this problem. It has to be done in Excel SOLVER, otherwise, it doesn't count, so if you don't have that program downloaded, please just ignore this one and let someone else...

Consider the following linear programming problem, Max 3A + 3B s.t. 2A + 4B 12 6A + 4B 24 A.B 0 The graph below shows the solution to this problem using the graphical procedure a. what are the...

Consider the following linear programming problem: Max Z = 1.5A + 2.5B + 3C + 4.5D s.t. 2A + 4B + 3C + 7D 3A + 2B + 3C + 4D 2A + 3B + 2C + 5D A,B,C,D >= 0 The sensitivity report of the solved problem...

Consider the following linear programming problem: Min A + 2B s.t. A+ 4B S 21 B27 2A + 3A + 1.5B S 21 -2A + 6B 0 A, B 20 a. Select the correct graph that shows the optimal solution for the problem....

Consider the following linear programming problem. Min 6 A + 7 B s . t . 1 A + 4 B = 9 3 A + 1 . 5 B = 2 A , B > = 0 ( a ) Find the optimal solution using the...

Consider the following linear programming problem. Min 2 A + 3 B s.t. 1 A + 4 B 21 2 A + 1 B 7 3 A + 1.5 B 21 2 A + 6 B 0 A , B 0 (a) Find the optimal solution using the graphical solution procedure...

Given that with v(0) = 1, determine v(t) for t > 0 . dv + 2v+5f, Ma)da = 4ult) +2v+. dt

Though customary law systems are very hard to generalize about, we may observe that in many of them, the spiritual world played an important role in enforcement of the law. What was the role of the...

After seven years what will her balance grown to, including interest? Ellen deposits $6,773 into an account earning 1% annually. After seven years what will Ellen's balance have grown to, including...

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...