Question: OPTIMIZATION & SPREADSHEET MODELING / MANAGEMENT SCIENCE Multiple Choice Question: Answer the following multiple-choice question with respect to this 3 variable linear programming problem. (Note:
OPTIMIZATION & SPREADSHEET MODELING / MANAGEMENT SCIENCE Multiple Choice Question:
Answer the following multiple-choice question with respect to this 3 variable linear programming problem. (Note: Only one option is correct. You will have to use Excel to solve this problem first before answering the question).
Maximize 5X1 + 2X2 + 7X3
Subject to constraints:
Constraint # 1: X1 + 10X2 + 3X3 <= 200
Constraint # 2: 5X1 + 5X2 + 5X3 <= 120
Constraint # 3: X1 + 2X2 + 10 X3 <= 150
X1, X2, X3 >= 0
Group of answer choices
A. If the right hand side for constraint 3 is increased to 151, the Objective function improves by 0.33.
B. If the right hand side for constraint 3 is increased to 151, the Objective function improves by 0.22.
C. If the right hand side for constraint 3 is increased to 151, the Objective function improves by 0.44.
D. If the right hand side for constraint 3 is increased to 151, the Objective function improves by 0.55.
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