Question: Given the following linear programming model, answer the questions that follow. You are given the result of a computer program. The results are Maximize 9

  1. Given the following linear programming model, answer the questions that follow. You are given the result of a computer program. The results are

Maximize 9 X1 + 12 X2 + 10 X3

Subject to:

Machine Constraint: 3 X1 + 4 X2 + 3 X3 < 160

Labor Constraint: 6 X1 + 10 X2 + 4 X3 < 288

Materials Constraint: 2 X1 + 2 X2 + 7 X3 < 200

Product 2 Constraint: X1 < 16

OPTIMAL SOLUTION

Objective Function Value = 483.097

Variable Value Reduced Costs

-------------- --------------- ------------------

X1 16.000 0.000

X2 10.839 0.000

X3 20.903 0.000

Constraint Slack/Surplus Dual Prices

-------------- --------------- ------------------

1 5.935 0.000

2 0.000 1.032

3 0.000 0.839

4 0.000 1.129

OBJECTIVE COEFFICIENT RANGES

Variable Lower Limit Current Value Upper Limit

------------ --------------- --------------- ---------------

X1 7.871 9.000 No Upper Limit

X2 2.857 12.000 14.059

X3 4.800 10.000 18.750

RIGHT HAND SIDE RANGES

Constraint Lower Limit Current Value Upper Limit

------------ --------------- --------------- ---------------

1 154.065 160.000 No Upper Limit

2 192.000 288.000 304.727

3 70.400 200.000 226.286

4 0.000 16.000 30.154

a. If the number of minutes of Machine time was decreased to 155 minutes and the amount of materials were decreased to 170 pounds, would this change the solution? Provide proof.

b.The Dual Price for Constraint 1 (Machine time) is 4.2. In terms of this problem what does that mean?

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