Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

3. Problem (30 points total) Consider the following problem. Maximize Z = 8x1 + 4x: + 6X3 + 3x4 + 9X5, subject to x1 +

image text in transcribedimage text in transcribed
3. Problem (30 points total) Consider the following problem. Maximize Z = 8x1 + 4x: + 6X3 + 3x4 + 9X5, subject to x1 + 2x2 + 31::3 + 3X4 5 180 (resource 1) 4x1 + 3x2 + 2x3 + x4 + XS S 270 (resource 2) x1+ 3x2+ X4 + 331,; S 180 (resource 3) and xj 2 0, j:1,...5. You are given the fact that the basic variables in the optimal solutions are x3, x1)and xsand that 310'1 11 _3 1 241 =i_6 9_3 27 013 2 _310 a) (10 pts) Use the given information to identify the Optimal solution. b) (10 pts) Use the given information to identify the shadow prices for the three resources. c) (10 pts) Use the results from part b to tell what happens to the optimal value if the right hand side of constraint equation 1 (resource 1} changed from 180 to 181; What happens to the optimal value if the right hand side of constraint equation 2 (resource 2) changed from 270 to 268.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Differential Equations And Boundary Value Problems

Authors: William E Boyce, Richard C DiPrima

8th Edition

0470476389, 9780470476383

More Books

Students also viewed these Mathematics questions

Question

=+b) In which graph is a larger value of a used?

Answered: 1 week ago