Answered step by step
Verified Expert Solution
Question
1 Approved Answer
3. Problem (30 points total) Consider the following problem. Maximize Z = 8x1 + 4x: + 6X3 + 3x4 + 9X5, subject to x1 +
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started