Question: Question (4): solve the following problem: (10 marks) Consider the following LP problem: Maximize profit = $5X + $6Y Subject to: 2X +3Y 240 2X

Question (4): solve the following problem: (10 marks)

Consider the following LP problem:

Maximize profit = $5X + $6Y

Subject to:

2X +3Y 240

2X + Y 120

X, Y 0

Answer the following questions:

  1. Use the simultaneous equations method to find the quantities of optimal point (x, y) from the above constraints. (No graph is needed) (6 marks)
  2. What is the slack for constraint (1)? And explain the term slack (4 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

solve the following problem: (10 marks) Consider the following LP problem: Maximize profit = $5X + $6Y Subject to: 2X +3Y 240 2X + Y 120 X, Y 0 Answer the following questions: Using the simultaneous...

Q:

Question ( 4 ) : solve the following problem: ( 1 0 marks ) Consider the following LP problem: Maximize profit = $ 5 X + $ 6 Y Subject to: 2 X + 3 Y = 0 Answer the...

Q:

Question ( 4 ) : solve the following problem: ( 1 0 marks ) Consider the following LP problem: Maximize profit = $ 5 X + $ 6 Y Subject to: 2 X + 3 Y = 0 Answer the...

Q:

Question ( 4 ) : solve the following problem: ( 1 0 marks ) Consider the following LP problem: Maximize profit = $ 5 X + $ 6 Y Subject to: 2 X + 3 Y = 0 What is...

Q:

Question (4): solve the following problem: (10 marks) Consider the following LP problem: Maximize profit = $5X + $6Y Subject to: 2X +3Y 0 Answer the following questions: a- Use the simultaneous...

Q:

Question (4): solve the following problem: (10 marks) Consider the following LP problem: Maximize profit = $5X + $6Y Subject to: 2X +34 0 Answer the following questions: a- Use the simultaneous...

Q:

Question (3): Solve the following Problem: (10 marks) Consider the following linear program: MAX. Z= 5x + 6Y Subject to: 2X + Y 2x + 4Y

Q:

Question (3): Solve the following Problem: (10 marks) Consider the following linear program: MAX.Z = 5X + 6Y Subject to: .2X + Y

Q:

Please please assist me and show all working. Really appreciate it. Please no excel for now. 7-31 and 7-32 For question #2 (7-32) use the same graph for #1 to answer this question. Please show all...

Q:

prombem 7-31 and 7-32 --please show ALL working. please do not use excel to show working. only Graph can be done in excel. Also can i have work out step by step. thank you so much. You You can use...

Q:

Optimized configuration in Q2 = 2019 the exchange rate optimized value apply past exchange rate Assume that the past is a reasonable indicator of the future in terms of exchange rates, will the...

Q:

Lamp Light Limited (LLL) manufactures lampshades. It applies variable overhead on the basis of direct labor hours. Information from LLL's standard cost card follows: Variable manufacturing overhead...

Q:

Suppose an investment has cash inflows of R dollars at the end of each yer fo tro yeas Tre reset vat d fe oz for sng 2 h discount rate will be: Multiple Choice greater than under a 1 0 % discount...

Q:

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...