Problem $3$

Determine and interpret the objective function coefficient ranges

Question $17$ options:

Variable

Objective Coefficient Range

Regular Glove

$4$ to $12$

Catcher$$s Mitt

$3\mathrm{.}33$ to $10$

As long as the profit contribution for the regular glove is between $$4\mathrm{.}00$ and $$12\mathrm{.}00,$ the current solution is optimal.

As long as the profit contribution for the catcher's mitt stays between $$3\mathrm{.}33$ and $$10\mathrm{.}00,$ the current solution is optimal.

Variable

Objective Coefficient Range

Regular Glove

$3\mathrm{.}33$ to $10$

Catcher$$s Mitt

$4$ to $12$

As long as the profit contribution for the regular glove is between $$3\mathrm{.}33$ and $$10,$ the current solution is optimal.

As long as the profit contribution for the catcher's mitt stays between $$4\mathrm{.}00$ and $$12\mathrm{.}00,$ the current solution is optimal.

Variable

Objective Coefficient Range

Regular Glove

$4$ to $12$

Catcher$$s Mitt

$3\mathrm{.}33$ to $10$

As long as the profit contribution for the regular glove is between $$4\mathrm{.}00$ and $$12\mathrm{.}00,$

and the profit contribution for the catcher's mitt stays between $$3\mathrm{.}33$ and $$10\mathrm{.}00,$ the shadow price for the resources are applicable.

each of the above is true

Question $18(1$ point$)$