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M7-25 Consider the following financial problem: ki Maximize return on investment-$2x, + $3x2 subject to 6X1 9x218 (a) Find the optimal solution using the simplex
M7-25 Consider the following financial problem: ki Maximize return on investment-$2x, + $3x2 subject to 6X1 9x218 (a) Find the optimal solution using the simplex method (b) What evidence indicates that an alternate opti- mal solution exists? (c) Find the alternate optimal solution. (d) Solve this problem graphically as well, and illus- trate the alternate optimal corner points. : M7-26 At the third iteration of a particular LP maximization problem, the tableau at the bottom of this page is es- tablished. What special condition exists as you im- prove the profit and move to the next iteration? Proceed to solve the problem for the optimal solution. M7-27 A pharmaceutical firm is about to begin production of three new drugs. An objective function designed to minimize ingredient costs and three production constraints are as follows: Minimize cost = 50X1 + 10X2 + 75X3 Subject to X1-X2 = 1,000 2x2 + 2x3=2,000 s 1,500 Xi otive fiunctio M7-25 Consider the following financial problem: ki Maximize return on investment-$2x, + $3x2 subject to 6X1 9x218 (a) Find the optimal solution using the simplex method (b) What evidence indicates that an alternate opti- mal solution exists? (c) Find the alternate optimal solution. (d) Solve this problem graphically as well, and illus- trate the alternate optimal corner points. : M7-26 At the third iteration of a particular LP maximization problem, the tableau at the bottom of this page is es- tablished. What special condition exists as you im- prove the profit and move to the next iteration? Proceed to solve the problem for the optimal solution. M7-27 A pharmaceutical firm is about to begin production of three new drugs. An objective function designed to minimize ingredient costs and three production constraints are as follows: Minimize cost = 50X1 + 10X2 + 75X3 Subject to X1-X2 = 1,000 2x2 + 2x3=2,000 s 1,500 Xi otive fiunctio
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