Question: questions 16 and 17 reference the following linear programming formulation and graphical solution Maximize Z = 3X1 + 2X2 Subject to (1) 4X1 3X2 (2)

 questions 16 and 17 reference the following linear programming formulation and

questions 16 and 17 reference the following linear programming formulation and graphical solution Maximize Z = 3X1 + 2X2 Subject to (1) 4X1 3X2 (2) 2X1 24 + S X2 10 All decision variables 2 0 (0,8) (3,4) - Optimal (0,0) (5,0) 16. What is the shadow price for constraint #2? 17. What is the range of the objective function a. 0.50 coefficient for X1 that keeps the optimum solution? b. 0 a. 2.67 to 4.00 C . -0.50 b. -0 to 4.00 d. The shadow price cannot be determined c. 2.67 to 3.33 e. None of the above d. The range cannot be determined e. None of the above -0.08X45 0

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