Question: management science Ch. 3 Homework Winter 2020 Minimization problem output above. 1) If the right hand side of constraint 1 decreased 22,000 units from 420,000
Ch. 3 Homework Winter 2020 Minimization problem output above. 1) If the right hand side of constraint 1 decreased 22,000 units from 420,000 to 398,000 and constraint 3 increased 30 units from 0 to 30, are the corresponding dual prices still valid? (Explain and show detail work) 2) Use the information above to calculate the new objective function value as if the dual prices are still valid. 3) We just found out that we can obtain an additional 5 units of the resource that constraint l's right side represents. The price for the additional units is $125.55 for all 5 and we usually pay $25.09 per unit for this resource. This resource is known to be a RELEVANT cost. Would you accept the additional units? Explain your answer using information on the above output. Ch. 3 Homework Wi the Wart ortlesin 60 Rest Solution Cbjectie Puctio a 500.000 Construit Slack/Suples . 5000 000 5200 OBJECTIVE COEFFICIENT ANCES Variable Lover Lint Current Tale per last 70.000 115.000 68125 No Lorer lint Lower Last 1 o 50.000 111 000 oop Lint DIGT BAD SIDE BUSES To Love List 51 2 Minimization proble 1) If the richt hand Ch. 3 Homework Winter 2020 Minimization problem output above. 1) If the right hand side of constraint 1 decreased 22,000 units from 420,000 to 398,000 and constraint 3 increased 30 units from 0 to 30, are the corresponding dual prices still valid? (Explain and show detail work) 2) Use the information above to calculate the new objective function value as if the dual prices are still valid. 3) We just found out that we can obtain an additional 5 units of the resource that constraint l's right side represents. The price for the additional units is $125.55 for all 5 and we usually pay $25.09 per unit for this resource. This resource is known to be a RELEVANT cost. Would you accept the additional units? Explain your answer using information on the above output. Ch. 3 Homework Wi the Wart ortlesin 60 Rest Solution Cbjectie Puctio a 500.000 Construit Slack/Suples . 5000 000 5200 OBJECTIVE COEFFICIENT ANCES Variable Lover Lint Current Tale per last 70.000 115.000 68125 No Lorer lint Lower Last 1 o 50.000 111 000 oop Lint DIGT BAD SIDE BUSES To Love List 51 2 Minimization proble 1) If the richt hand
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