Consider the following LP problem: Maximize profit = 5X + 6Y Subject to 2X + Y
Question:
Consider the following LP problem:
Maximize profit = 5X + 6Y
Subject to 2X + Y ≤ 120
2X + 3Y ≤ 240
X, Y ≥ 0
(a) What is the optimal solution to this problem? Solve it graphically.
(b) If a technical breakthrough occurred that raised the profit per unit of X to $8, would this affect the optimal solution?
(c) Instead of an increase in the profit coefficient X to $8, suppose that profit was overestimated and should only have been $3. Does this change the optimal solution?
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a The corner points and profits are X 0 Y 0 profit 0 X ...View the full answer
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Jehal Shah
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Related Book For 
Quantitative Analysis For Management
ISBN: 162
11th Edition
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna
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