Question: Max 2 X 1 + 4 X 2 ( 2 / 4 ) X 1 + ( 1 / 4 ) X 2 < 4

Max 2X1+4X2
(2/4)X1+(1/4)X2<40(#1 constraint)
1X1+(10/9) X2<100(#2 constraint)
1X1+2.5X2<200(#3 constraint)
X1 and X2>0
11). Please use graphical method to find the FEASIBLE REGION. Please LABEL the 3 constraints in your graph and indicate all the points you used.
2). Please draw an objective function line (must write the equation here) in the graph of 1) Mark the optimal solution as a star.
3). Please list the system of two equations (crossing at the optimal solution point)
4). Please get the optimal solution of 3) with details: How much are X1 and X2? You need to indicate the maximized output of the objective function.
2. Please answer the following questions (list your answers on this sheet) based on the sensitivity analysis sheet from Solver.
---Tips: On the spreadsheet, Highlight the cells of coefficients, go to Tab Home group of "Cells", click button of "format", select "Format cells", then "number", then "fraction" up to two digits.
1). What is the optimal solution? Must indicate the cells on the Spreadsheet where you find the answer.
2). How much are the ranges of optimality for the coefficients of X1 and X2?(Must indicate the Cells you referred to on the spreadsheet).
3). how much is the dual value for each constraint? (Must indicate the Cells you referred to on the spreadsheet).
4). Which constraints are binding? Why? (must indicate what cells on the spreadsheet you used)
5). Will the optimal solution change if the coefficient of X1 in the objective function was changed to 3? Why?
6). Will the optimal solution change if the coefficient of X2 in the objective function was changed to 6? Why?
7). If the RHS of #3 constraint was changed to 201, how much will the objective function output be increased? Which cell didyou refer to on the spreadsheet?
8). If the RHS of #1 constraint was changed to 41, how much will the objective function output be increased? Which cell did you refer to on the spreadsheet?
9). If the RHS of #2 constraint was changed to 101, how much will the new objective function output be? Which cell did you refer to on the spreadsheet?

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!