Question: Question 3: (30pts) Consider a linear programming problem: Minimize Z=0.3X1+0.9X2 Subject to: X1+X2800(resource1)0.21X10.3X20(resource2)0.03X10.01X20(resource3)X1,X20 a. (10 points) Solve this problem by using graphical method. b. (10
Question 3: (30pts) Consider a linear programming problem: Minimize Z=0.3X1+0.9X2 Subject to: X1+X2800(resource1)0.21X10.3X20(resource2)0.03X10.01X20(resource3)X1,X20 a. (10 points) Solve this problem by using graphical method. b. (10 points) Use graphical analysis to find the shadow prices for the resources. c. (10 points) Determine how many additional units of resource 1 would be needed to increase the optima value of Z by 465
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
