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Name - Surname Student ID The mathematical statement of a problem and its excel solution are given as follows : S . t . Zmax
NameSurname
Student ID
The mathematical statement of a problem and its excel solution are given as follows :
St
Zmax
Here note that the number is a very large number which can be accepted as an infinite number.
Please answer the questions according to theLINDO data given below.
a Indicate the basic and nonbasic variables, and their quantities at the optimal tableau in the excel sheet.
b Indicate the binding and nonbinding constraints of the problem at the optimal solution. Explain your
answer.
c Indicate the amount of the resources to be used at the optimal solution. Explain your answer? d Indicate the objective function coefficient of times Interpret the meaning of the number.
e Indicate the technological coefficients of times at the first constraint. Interpret the meaning of the number.
f Indicate the optimality range of x If we increase the objective function coefficient of x to how does
the value of the variables and the value of Z change?
g Indicate the feasibility range of the painting constraint, and interpret this range.
h What is the shadow price of the first constraint? How does it affect to value of Z Explain your answer.
Find variables that are not in the model. For each one explain what would be its contribution to the optimal
objective function value if a unit of the variable was in the model?
i Factory managers want to produce more products by overtime in the first constraint, labour. Overtime in
this resources costs the company $ per hour. In this case, should the company accept this? Explain your
idea.
j What would be the shadow price if we decrease the fabric to hours? Explain.
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