Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

- In an investment LP problem, m1- = amount ($) invested in Fund 2' where i = U, V, W. a) Which option best interprets

image text in transcribedimage text in transcribedimage text in transcribed
- In an investment LP problem, m1- = amount ($) invested in Fund 2' where i = U, V, W. a) Which option best interprets the following constraint? 27V 2 0-15($U + xv -l- mw) Amount invested in Fund V should be at most 15% of the amount invested in other Funds No more than 15% of total investment should be in Fund V At least 15% of total investment should be in Fund V Amount invested in Fund V should be at least 15% of the amount invested in other Funds Amount invested in Fund V should be at least 15% less than other Funds Amount invested in Fund V should be at least 15% more than other Funds b) If you are to enter the constraint in part a) in a software (like Excel), what will your input coefficients be: Enter a value between -1 and 1 in each answer box for the coefficients of my, my, and :L'W Umv+OmU+OIW 2 0 Question Help: 8 Message instructor respectively. . Question 6 Supply Demand $5 350 A 200 450 B 350 Q Formulate an LP model for this transportation network above. cj = number of units shipped from node i to node j Input the coefficients, signs and RHS values in the answer boxes below: Min Cost = subject to: Al + 42 (? 9 CB1 + B2 ? : A2 + CCB2 ? + Al, A2, CBI, B2 ? 9 0 Question Help: Message instructor- The amount of time available to manufacture products A, B, and C is constrained as follows: 6.4 + 53 + 30 g 365 (Time) At optimal solution, A = 20, B = 35, and C = 10: a) How much time was used? C] b) How much time was left unused? C] C) Is this a binding constraint? No. Because it has a slack at optimal solution. Yes. Because it has a surplus at optimal solution. Yes. Because it has no slack at optimal solution. Yes. Because it has a either slack or surplus at optimal solution. No. Because it has a surplus at optimal solution. No. Because it has neither slack nor surplus at optimal solution. Question Help: Message instructor

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Cost Management Measuring Monitoring And Motivating Performance

Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook

2nd Canadian Edition

1118168879, 9781118168875

Students also viewed these Mathematics questions