If the feasible region gets larger due to a change in one of the constraints, the optimal

Question:

If the feasible region gets larger due to a change in one of the constraints, the optimal value of the objective function

a. must increase or remain the same for a maximization problem.

b. must decrease or remain the same for a maximization problem.

c. must increase or remain the same for a minimization problem.

d. cannot change.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Quantitative Analysis For Management

ISBN: 213168

12th Edition

Authors: Barry Render ,Ralph M. Stair ,Michael E. Hanna

See More Books

Question Posted: Feb 25, 2024 01:00 AM

See More Questions

1. Which of the following is true of the relationship between the value of the optimal integer solution and the value of the optimal solution to the LP Relaxation? a. For integer linear programs...
Ann Carter, Chief Financial Officer of Consolidated Electric Company (Con El), must make a recommendation to Con Els board of directors regarding the firms dividend policy. Con El owns two...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
In Exercises identify the open intervals on which the function is increasing or decreasing. f(x) = sinx + sin x, 0 < x < 2
1. How many different ways can a Venn diagram with three circles be shaded? 2. How many outcomes are possible if the first number is green? 3. How many outcomes are possible if all three numbers are...
Hemodet og deres ung and the company has costs for each diabete Re 0 Date Table orgawthe direct become each der ind for the ones who Precor the directed to the year and the company as a whole Dret...
The following errors are disclosed in the books of Nandhini Restaurant. Make necessary entries to rectify them: (a) Purchase journal was undercast by ` 215. (b) ` 500 received from K. Krishna was...
Meyer Co. forecasts merchandise purchases of $ 15,800 in January, $ 18,600 in February, and $ 20,200 in March; 40% of purchases are paid in the month of purchase and 60% are paid in the following...
Sequential Method Eilers Company has two producing departments and two support departments. The following budgeted data pertain to these four departments: Support Departments Producing Departments...
When alternate optimal solutions exist in an LP problem, then a. the objective function will be parallel to one of the constraints. b. one of the constraints will be redundant. c. two constraints...
In solving a linear program, no feasible solution exists. To resolve this problem we might a. add another variable. b. add another constraint. c. remove or relax a constraint. d. try a different...
What would you recommend to Alberto?
Tabletop Exercise (15%) Develop a tabletop exercise for your organization or community. The size and scope of your exercise can be whatever you need it to be in order for you to complete the...
Within the framework of the Porter Five-Forces Model of Competition, describe the competitive force of rivalry among competing sellers. What are some of the factors that increase the rivalry among...
The XYZ Corporation has decided to make some changes to help with the work-life balance of its employees. Currently, the organization has 40 employees: 25 full-time employees and 15 part-time...
Grocery prices tend to play a role in how people view inflation because of how frequent these purchases are for households. In the past four years grocery prices have jumped 25% which passes overall...
Bogg County is a rural area whose residents rely on farming for income. The most popular crop in Bogg County is tobacco, a very labor-intensive plant. To save money, many farmers employ Hispanic...
For the combustion of methane 150% theoretical air is used at 25oC, 100 kPa and relative humidity of 70%. Find the composition and dew point of the products.
Create an appropriate display of the navel data collected in Exercise 25 of Section 3.1. Discuss any special properties of this distribution. Exercise 25 The navel ratio is defined to be a persons...
What is the value of the following game and the strategies for A andB? 4 19 A2 5 4
Shoe Town and Fancy Foot are both vying for more share of the market. If Shoe Town does no advertising, it will not lose any share of the market if Fancy Foot does nothing. It will lose 2% of the...
Assume that a 1% increase in the market means a profit of $1,000. Resolve Problem M4-15, using monetary value instead of market share.
You would like to have a balance of $600,000 at the end of 15 years from monthly savings of $900. If your returns are compounded monthly, what is the APR you need to meet your goal?
Explain the importance of covariance and correlation between assets and understanding the expected value, variance, and standard deviation of a random variable and of returns on a portfolio.
On August 1 , 2 0 2 3 , Mark Diamond began a tour company in the Northwest Territories called Millennium Arctic Tours. The following occurred during the first month of operations: Aug. 1 Purchased...

If the feasible region gets larger due to a change in one of the constraints, the optimal

Question:

Step by Step Answer:

If the feasible region gets larger due to a change in ...View the full answer

Quantitative Analysis For Management

Students also viewed these Business questions