Question: nsider the Raw Material Acquisition problem case from week 1. Remember the problem is formulated as a LP problem as follows: Min Z = 20,000X1+

nsider the Raw Material Acquisition problem case from week 1. Remember the problem is formulated as a LP problem as follows:

Min Z = 20,000X1+ 15,000X2

Subject to:

2X1+ X2 8

2X1+ 3X2 12

X1, X2 0

Your Task

Solve the problem using POM-QM.

State the optimal solution, optimal value, the slack/surplus variables, range of optimality of each coefficient, reduced costs, range of optimality of each constraint, and dual prices.

Post your entry on the forum below.

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