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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