Question: Problem 2 : Consider the following minimization problem: Min T C = , 4 x 1 + 2 x 2 s . t . 1

Problem 2:
Consider the following minimization problem:
Min TC=,4x1+2x2
s.t.12x1+4x2600
,2x1+8x2800
,x1,x20
(a) Graph the feasible region. Label your constraints.
(b) Are there any redundant constraints, and if so, which one/s?
(c) Label the extreme points of the feasible region. At each extreme point you are to state whether
each xj and si are zero or non-zero.
(d) State the optimal values of x1,x2 and TC. Show the objective function on your graph of part (a).
(e) Suppose the price of x2(P2) increases to 4. What is the new optimal solution?
(f) Suppose the price of x2(P2) increases to 18. What is the new optimal solution? State the values
of the xj and si.
 Problem 2: Consider the following minimization problem: Min TC=,4x1+2x2 s.t.12x1+4x2600 ,2x1+8x2800

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