Question: Max 5U + 8H s.t. 40U+80H
Max 5U + 8H s.t. 40U+80H <= 100000 0.6U+0.4H <= 800 1U <= 500 U,H >= 0
Which constraints are binding?
Refer to #7 on p. 338-9, but use this data instead:
| Max 5U + 8H |
| s.t. |
| 40U+80H <= 100000 |
| 0.6U+0.4H <= 800 |
| 1U <= 500 |
| U,H >= 0 |
Which constraints are binding?
Funds Available
US Oil Maximum
Risk Maximum
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