Question: PROBLEM 12 INTERPREPT THE MANAGEMENT SCIENTIST OUTPUT BY ANSWERING THE QUESTIONS. OBJECTIVE FUNCTION VALUE= 2170 VALUE VARIABLE REDUCED COSTS 100 60 0 90 1.75 CONSTRAINT

PROBLEM 12 INTERPREPT THE MANAGEMENT SCIENTIST
PROBLEM 12 INTERPREPT THE MANAGEMENT SCIENTIST
PROBLEM 12 INTERPREPT THE MANAGEMENT SCIENTIST OUTPUT BY ANSWERING THE QUESTIONS. OBJECTIVE FUNCTION VALUE= 2170 VALUE VARIABLE REDUCED COSTS 100 60 0 90 1.75 CONSTRAINT SLACK/SURPLUS DUAL PRICE - 12.25 -9.00 What OBJECTIVE COEFFICIENT RANGES LOWER LIMIT 3.667 12.25 6.00 NO LOWER LIMIT CURRENT VALUE 10.00 6.00 14.00 19.00 UPPER LIMIT 11.75 9.00 NO UPPER LIMIT 11.333 RIGHT HAND SIDE RANGES CONSTRAINT LOWER LIMIT 60.00 580.00 600.00 CURRENT VALUE 100.00 150.00 600.00 1080.00 UPPER LIMIT 111.429 NO UPPER LIMIT NO UPPER LIMIT 113.33 THIS IS A MAX PROBLEM. 2A. WHAT IS THE OPTIMAL SOLUTION? 2B. WHICH ARE YOUR BINDING CONSTRAINTS AND WHY? 2C. WHAT IS THE RANGE OF OPTIMALITY FOR C3? 2D. IF YOU COULD INCREASE/DECREASE THE RIGHT-HAND SIDE OF ANY CONSTRAINT, WHICH WOULD YOU CHOSE AND WHY? 2E. DEVELOP YOUR OBJECTIVE FUNCTION. PROBLEM #3 CALCULATE THE RANGE OF OPTIMALITY FOR THE FOLLOWING, GIVEN CONSTAINTS ONE AND THREE ARE YOUR BINDING CONSTRAINTS. MAX 2A + 10B St. 1A + 2B 3A + 1B 8A + 4B A B 16 $80 548 20 3A. WHAT IS THE RANGE OF OPTIMALITY FOR C1? 3B. WHAT IS THE RANGE OF OPTIMALTIY FOR C2

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