Question: Maximize Z = x^ 1+ 5 x^ 2 subject to 5 x^ 1+ 5 x^ 2 25 2 x^ 1+ 4 x^ 2 16 x^
MaximizeZ=x^1+ 5x^2
subject to 5x^1+ 5x^2 25
2x^1+ 4x^2 16x^1 5
x^1,x^2 0
- (a)Sketch the feasible area of the above problem
- (b)Find all extreme points.
- (c)Find an optimal solution of this model by using graphical analysis.
- (d)Solve the problem by using excel solver.
- (e)Identify and explain the shadow prices for each of the resource constraints.
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