Question: Let me know the answer that you get. Also for C. 1.16 is the wrong answer and I am sure of that. Consider the problem

Let me know the answer that you get. Also for C. 1.16 is the wrong answer and I am sure of that.

Consider the problem Min 2x2 - 18X + 2xy + y2 - 18Y + 53 s.t. X + 4Y S 8 a. Find the minimum solution to this problem. If required, round your answers to two decimal places. Optimal solution is X - 3.36 Y = 1.16 for an optimal solution value of 3.36 b. If the right-hand side of the constraint is increased from 8 to 9, how much do you expect the objective function to change? If required, round your answer to two decimal places. Decrease by 2.24 c. Resolve the problem with a new right-hand side of 9. How does the actual change compare with your estimate? If required, round your answers to two decimal places. Objective function value is 1.16 so the actual decrease is only 2.20 rather than 2.24

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!

econ234p3 Bernie Smith is a network security analyst at ZNA bank, earning $120,000 per annum, plus super. He is 48 years old and married to Deena, 42 years old. Deena is a self-employed dentist and...

Please make sure Plagiarism should not come. If you take any information from google try to change it in your own words please help in this question. The subject is marketing Read the below article...

Need help with screenshots 1 through 9. All info needed are in these screenshots. Let me know if you need anything else! Also, make sure to complete all parts! TYSM!! 4 In a certain city. the average...

1. Situation In this section of the case analysis, you will focus on identifying situational aspects that have led to the situation being reported in the case. These aspects should include relevant...

Please read the question Question: On pages 5 and 6 the authors write, "Narrative provides not only meaning but also a mental framework for imbuing future experiences and information with meaning, in...

Probability and Statistics - Problem Set c Keith M. Chugg October 2, 2015 1 Preliminaries, Combinatorics, Set Probability 1.1. A number of bats are in a cave. 2 bats can see out of their left eye. 3...

acc On January 1st. 2017, X Company bought 80% of the outstanding common shares of the Y Company for $140,000 cash. On that date Y Company had $50,000 of common shares outstanding and $60,000...

look into the transcription of the videos that we coded for the Dominance project and identify if there are any errors (grammar and spelling and etc): 1673015005057.mp4 Baseline 181 Baseline181 Hi,...

1.) Was this a qualitative or quantitative study? 2.) What was the sample size? 3.) What was the age range of the sample? 4.) What sampling methods were utilized and why? 5.) Was this a probability...

Write a brief Literature Review paper on Organizational Decision Making in which you need to address the following: Introduction Characteristics of organizational decision-making Types of...

The firm's success depends not only on how well each department performs its work, but also on how well the various departmental activities are coordinated to conduct core business processes. List...

Here are the premiums - what will be the straddle cost for June 50 options? Strike March Calls June Calls March Puts June Puts45 6.84 8.41 1.18 2.0950 3.82 5.58 3.08 4.1355 1.89 3.54 6.08 6.93 \f

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...