Question: Given this linear programming model, solve the model and then answer the questions that follow. Maximize 12 x 1 + 18 x 2 + 15
Given this linear programming model, solve the model and then answer the questions that follow.
| Maximize | 12x1 + 18x2+ 15x3 | where x1 = the quantity of product 1 to make etc. |
| Subject to |
| Machine | 5x1 | + | 4x2 | + | 3x3 | 160 | minutes | |
| Labor | 4x1 | + | 10x2 | + | 4x3 | 288 | hours | |
| Materials | 2x1 | + | 2x2 | + | 4x3 | 200 | pounds | |
| Product 2 | x2 | 16 | units | |||||
| x1, x2, x3 | 0 | |||||||
a-1. Are any constraints binding?
multiple choice 1
Yes
No
a-2. If so, which one(s)?
multiple choice 2
Machine and materials
Machine and labor
Materials
Labor
None
b-1. If the profit on product 3 changed to $22 a unit, would the decision variables' values change?
multiple choice 3
Yes
No
b-2. What would the new value of the objective function be?
c-1. If the profit on product 1 changed to $22 a unit, would the decision variables' values change?
multiple choice 4
Yes
No
c-2. Will the objective function value change, based on the change in c-1?
multiple choice 5
Yes
No
d-1. If 10 hours less of labor time were available, would the decision variables values change?
multiple choice 6
Yes
No
d-2. Will the objective function value change, based on the change in d-1?
multiple choice 7
Yes
No
e. If the manager decided that as many as 20 units of product 2 could be produced (instead of 16), how much additional profit would be generated?
multiple choice 8
$0
$4
$16
$72
f-1. If profit per unit on each product increased by $1, would the optimal values of the decision variables change?
multiple choice 9
Yes
No
f-2. What would be the new value of the objective function?
This is all one question
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