Minimize Undergrad Minimum Grad Minimum Contracts Solution-> Variable undergrad graduate surplus 1 surplus 2 surplus 3 Optimal Value (2) Variable undergrad graduate Constraint Undergrad Minimum Grad Minimum Contracts 15 45 Untegran 2500 60 1 0 1 45 Status Basic Basic Basic NONBasic NONBasic Value 45 15 Dual Value D -1000 -2500 praduate 3500 0 1 1 15 Value 45 15 15 0 0 165000 Reduced Cost 0 0 Slack/Surplu 15 0 0 > 19 X > Optimal Zo Original Val Lower Bound 2500 0 3500 Original Val 30 30 15 60 165000 15 60 2500 Lower Bound -infinity 0 45 0 -1000 -2500 The dean of the Western College of Business must plan the school's course offe for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dicta that at least 60 courses be offered in total. Each undergraduate course taught c an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: The optimal solution requires teaching how many graduate courses? Upper Bound 3500 Infinity Upper Bound 45 30 Infinity Minimize Undergrad Minimum Grad Minimum Contracts Solution-> Variable undergrad graduate surplus 1 surplus 2 surplus 3 Optimal Value (2 Variable undergrad graduate undergrad 2500 1 0 True False 1 45 Status Basic Basic Basic NONBasic NONBasic Value 45 15 Constraint Dual Value Undergrad Minimum Grad Minimum 0 Contracts -1000 -2500 graduate 3500 0 1 1 > 15 Optimal Zo Value 45 15 15 0 0 165000 Reduced Cost Original Val 2500 3500 0 0 Slack/Surplu S > > 15 0 0 Original Val 30 15 60 RHS 30 15 60 165000 0 2500 Dual Lower Bound Upper Bound 3500 Infinity 0 -1000 -2500 0 45 Lower Bound Upper Bound -Infinity 45 30 Infinity The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: The optimal solution would result in a surplus of 15 undergraduate courses. The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the cost of graduate courses drops to $2800, how would this impact the optimal solution? The course mix will shift something different than it was before The course mix will shift to teaching more graduate courses That solution cannot be determined based on the tables provided The course mix will stay the same The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the cost of graduate courses drops to $2800, what kind of model change would be required? adding constraints changing objective function coefficients changing constraint parameters I changing constraint quantity values adding decision variables The dean of the Western College of Business must plan the school's course offerings for the fall semester. Student demands make it necessary to offer at least 30 undergraduate and 15 graduate courses in the term. Faculty contracts also dictate that at least 60 courses be offered in total. Each undergraduate course taught costs an average of $2,500 in faculty wages, and each graduate course costs $3,500. Use the tables above from QM for Windows in order to formulate your answer: If the dean decides to run the model in order to separate day and night courses, how will this affect the optimal course mix? The course mix will shift to teaching more graduate courses The course mix will shift something different than it was before The course mix will stay the same That solution cannot be determined based on the tables provided