Question: Suppose we have the following optimization model Max:P=10*S+9*D, 7*S+10*D

Suppose we have the following optimization model Max:P=10*S+9*D, 7*S+10*D<=6300, 4*S+10*D<=5400. Which statement is correct about this model?

A. The decision variable P

B. The objective of this model is to maximize P

C. The constraint is Max: P=10*S+9*D

D. P is a constraint variable

Which statement is correct about the constraints?

A. The maximum capacity of 7*S+10*D is 6300

B. The maximum capacity of 7*S+10*D is 5400

C. Variables S and D are constraint variables

d. The constraint 7*S+10*D indicates that more resources should be given to variable S

Given this information, what is the maximal value of P?

A. 3000

B. 7668

C. 0

D. 6780

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 Finance Questions!