Question: This output describes a two variable linear program, solved in Excel to optimality. The output shown below is the final output, after the problem has
This output describes a two variable linear program, solved in Excel to optimality. The output shown
below is the final output, after the problem has been fully solved. The problem has variables, three
nontrivial constraints and two nonnegativity constraints. The second part of the output describes
the sensitivity analysis for this problem. The objective is of a MAXIMIZATION type MAX XX HINT: Please watch the sensitivity report carefully. USE THE CONSTRAINT RIGHT HAND SIDES AND THE
OBJECTIVE COEFFICIENT VALUES TO MAP THE DUAL VARIABLES TO THE CONSTRAINTS. For instance,
the dual variable value shadow price of corresponds to the constraint with a Right hand side RHS of
Make a note of this as you answer the problems. So $J$ is X; $J$ is X; and $J$ is
XX Which of the following statements is true?
If the objective function coefficient for X is changed from X to X the new optimal solution value is
If the objective function coefficient for X is changed from X to X the optimal corner point remains the same at
If the objective function coefficient for X is changed from X to X the new optimal solution value is because the best corner point does not change for this level of change.
The objective coefficient for X can be increased without bound and the optimal corner point will always stay the same.
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
