Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Can anyone show the work for the answers, thank you. The computer output given below is for Problem 7-31. Use this to answer the following
Can anyone show the work for the answers, thank you.
The computer output given below is for Problem 7-31. Use this to
answer the following questions. Linear Programming Results Problem 33 Solution Y X RHS | Dual . . .... . . .. .. .. . ... . . .. .. . . . ...... . . . . .. . ..... ..... ... 6 2 Maximize const 1 const 2 Solution-> 120 240 510 0.75 1.75 30 60 Ranging - X Problem 33 Solution Reduced Cost Original Val Variable Value Upper Bound 12 + 30 0 5 60 0 7.5 Y Constraint const 1 const 2 Lower Bound 4 2.5 Lower Bound 80 120 6 Original Val 120 240 Dual Value Slack/Surplus 0. 75 0 . 750 Upper Bound 240 360 1 a. How much could the profit on X increase or decrease without changing the values of X and Y in the optimal solution? b. If the right-hand side of constraint 1 were increased by 1 unit, how much would the profit increase? c. If the right-hand side of constraint 1 were increased by 10 units, how much would the profit increase? 7-31 Consider the following LP problem: Maximize profit = 5x + subject to 2X + 2X + 6Y Y 3Y X,Y = 120 240 0 a. What is the optimal solution to this problem? Solve it graphically. b. If a technical breakthrough occurred that raised the profit per unit of X to $8, would this affect the optimal solution? c. Instead of an increase in the profit coefficient X to $8, suppose that profit was overestimated and should only have been $3. Does this change the optimal solutionStep 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