Question: Q 1 . a ) Briefly explain the following concepts i ) Dominated strateges: b ) Dorninant strategies ii ) Unbalanced transportation problem iv )

Q1. a) Briefly explain the following concepts i) Dominated strateges: b) Dorninant strategies ii) Unbalanced transportation problem iv) Degeneracy in transportation b) A company makes two kinds of leather belts, belt \( A \) and belt \( B \). Belt \( A \) is a high quality belt and belt \( B \) is a lower quality. The respective profits are \( K \) in 4 and \(\mathrm{K} s h 3\) per belt. The production of each of type A requires twice as much time as bett of type B, and if all betts were of type B the company could make 1,000 betts per day. The supply of leather is sufficient for only 800 belts per day (both A and B combined), belt A requires a fancy buckle and only 400 of this are available per day. There are only 700 buchles a dary avaitable for belt \( B \).1) Eormulate this problem as a linear programming (5 Marks) ii) What should be the dally production of each type of belt? Use simplex method to solve (8 marks) iii) Interpret your solution as thoroughly as possible Be sure to interpief the shadow prices/marginal values for the resources (4 Marks)
Q 1 . a ) Briefly explain the following concepts

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