Question
5-22. Consider the following final simplex tableau for a linear programming problem: Simplex Tableau: 1 Identify the optimal solution. What is the marginal value of
5-22. Consider the following final simplex tableau for a linear programming problem: Simplex Tableau: 1
- Identify the optimal solution.
- What is the marginal value of an additional unit of resource in the first constraint? What is the range
of b, within which the marginal value is valid (b, = 120) ?
- Is there an alternate optimal solution? If so, identify the new solution.
- Suppose that the firm can obtain 10 additional units of resource for the fourth constraint at the price
of $10 each (bu = 20). Should it obtain these additional units? Why or why not?
e. Suppose that the firm can obtain additional resources for the second constraint at a price of $1 per unit
more than the current price (b2 = 160). Should it purchase these additional resources? If so,
how many units?
f. Suppose that the firm signed a trade agreement with its competitor, and the agreement resulted in a
new constraint, x, 8. Derive the new solution with this additional constraint.
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