Question: Question 2 2. Consider the Linear Program: MINIMIZE Z = 20X+ 16X, (You solved it in Ch.7) Subject to: X1 + X2 2 10 2X1

Question 2 Question 2 2. Consider the Linear Program:

2. Consider the Linear Program: MINIMIZE Z = 20X+ 16X, (You solved it in Ch.7) Subject to: X1 + X2 2 10 2X1 + 4X2 2 32 3X1 + 2X2 S 36 X1 and X2 20 (a) Calculate the slack or surplus (indicate which it is) in each of the three resource constraints at the optimal solution. (b) Calculate the shadow price for each of the three constraints. *3. Consider the Linear Program: MAXIMIZE Z = 7X1 + 11X2 Subject to: X1 + X2 2 60 X1 + 3X2 s 210 2x, + X2 S 170 X, and X2 > 0 Solve this problem in Excel and generate a Sensitivity Report. La Specify the slack or surplus in each of the three resource constraints at the optimal - MacBook Pro

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