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nsider the Raw Material Acquisition problem case from week 1. Remember the problem is formulated as a LP problem as follows: Min Z = 20,000X1+
nsider the Raw Material Acquisition problem case from week 1. Remember the problem is formulated as a LP problem as follows:
Min Z = 20,000X1+ 15,000X2
Subject to:
2X1+ X2 8
2X1+ 3X2 12
X1, X2 0
Your Task
Solve the problem using POM-QM.
State the optimal solution, optimal value, the slack/surplus variables, range of optimality of each coefficient, reduced costs, range of optimality of each constraint, and dual prices.
Post your entry on the forum below.
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