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Given is the LP problem m a m i z e , z = 3 x 1 - 2 x 2 subject t o 3
Given is the LP problem
subject
a Solve this problem with the Management Scientist software. Print the solution,
compare it with the solution in the lecture notes and state whether both are
equal.
b Test the correctness of the nonzero 'Reduced Cost' value, ie
Inform yourself what the meaning of the Reduced Cost is using the lecture
notes.
Which variable had a nonzero Reduced Cost in the solution?
Increase the coefficient of this variable in your function by slightly less
than the Reduced Cost and run the problem and note the optimal solution
ie
Increase in your function the coefficient of this variable by exactly the
Reduced Cost and run the problem and note the optimal solution ie
Increase in your function the coefficient of this variable by slightly more
than the Reduced Cost and run the problem and note the optimal solution
ie
Give the basic variables and nonbasic variables for the optimal solutions in
each of these tests.
c Test the correctness of the nonzero slack value, ie
Inform yourself what the meaning of a nonzero slack value is using the
lecture notes.
Which slack variable had a nonzero slack value in the solution?
Lower the right hand side of the corresponding constraint by slightly less
than the slack value and run the problem and note the optimal solution ie
Lower in the corresponding constraint the right hand side by exactly the
slack value and run the problem and note the optimal solution ie
Lower in the corresponding constraint the right hand side by slightly more
than the slack value and run the problem and note the optimal solution ie
Which of the constraints were binding in each of these tests?
d Test the correctness of the nonzero 'Dual Price' values, ie
Using the lecture notes inform yourself what the meaning of the Dual Price
related to a constraint is
Which constraint had a nonzero Dual Price?
Increase the of this constraint by solve the optimization problem
again, compare with the dual price.
Do the same experiment with and report your findings.
Do more such experiments to find the maximum and the minimum
negative giving the same ratio as for small
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