38 Consider the following NLP problem Maximize 2X1 X2 2X3 3X1X2 7X3 3 subject to the constraints 2X1 4X2 3X3 34 3X1 X2 10 X1 X2 X3 12 X1, X2, X3 0 (a) Set up and solve the model by using Solver Use a starting value of zero for each decision variable (b) Is the solution obtained a local optimal or g...

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38 Consider the following NLP problem: Maximize 2X1 + X2 - 2X3 + 3X1X2 + 7X3 3...

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38 Consider the following NLP problem:

Maximize 2X1 + X2 - 2X3 + 3X1X2 + 7X3 3 subject to the constraints 2X1 + 4X2 + 3X3 Ú 34 3X1

+ X2 Ú 10 X1 + X2 + X3 … 12 X1, X2, X3 Ú 0

(a) Set up and solve the model by using Solver .

Use a starting value of zero for each decision variable.

(b) Is the solution obtained a local optimal or global optimal solution? How do you know?

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Managerial Decision Modeling With Spreadsheets

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Authors: Barry Render

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38 Consider the following NLP problem: Maximize 2X1 + X2 - 2X3 + 3X1X2 + 7X3 3...

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Managerial Decision Modeling With Spreadsheets

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