Question: Solve the following linear program using the graphical method and answer all questions. You should submit the picture file of your graphical solution and show
Solve the following linear program using the graphical method and answer all questions. You should submit the picture file of your graphical solution and show your calculations or reasons to answer the questions below. You may consider verifying your solutions and answers by EXCEL no need to submit your EXCEL verification
Max xx
st
x x
x x
xx
x x
x x
a Provide a graphical representation for the above linear program. Identify the optimal solution and the associated optimal objective function value.
b Compute the ranges of c and cone coefficient is fixed at a time of the objective function coefficients for x and x for the current optimal solution to remain optimal.
c Suppose c is increased from to and c is increased from to Will the current optimal solution change?
d Suppose c is increased from to What is the new optimal solution?
e Suppose c is decreased from to What is the new optimal solution?
f Compute the dual prices for constraints and and interpret them. g Solve the optimal solution by Gurobi. Write a function to get the range of c and cone coefficient is fixed at a time for the current optimal solution to remain optimal. You should get the same answer in b
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
