Question: This is all that was given. Please explain how to calculate the shadow price and allowable increase/decrease. X2 Question 2: (32 points, 8 points/question) Consider

This is all that was given. Please explain how to calculate the shadow price and allowable increase/decrease.

X2 Question 2: (32 points, 8 points/question) Consider the following LP and its solution Min Z= 2x1 - 3x2 6 [5] S.t. X1 + x2 >=2 4 X1 + 4x2 =1 C(1,N B(4,1) X1 >=0 2 6 8 [6] 10 12 1 X2>=0 [6] [1] (1) Calculate the shadow price of b2 =12 (2) Calculate the allowable increase decrease of ba=1 (3) Calculate the allowable increase decrease of b3=4 (4) Calculate the allowable increase decrease of b=2 X2 Question 2: (32 points, 8 points/question) Consider the following LP and its solution Min Z= 2x1 - 3x2 6 [5] S.t. X1 + x2 >=2 4 X1 + 4x2 =1 C(1,N B(4,1) X1 >=0 2 6 8 [6] 10 12 1 X2>=0 [6] [1] (1) Calculate the shadow price of b2 =12 (2) Calculate the allowable increase decrease of ba=1 (3) Calculate the allowable increase decrease of b3=4 (4) Calculate the allowable increase decrease of b=2

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