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Problem 2 ( Each question is worth two marks. Total sixteen marks ) Maximize 1 5 x 1 + 2 0 x 2 + 1

Problem 2(Each question is worth two marks. Total sixteen marks)
Maximize 15x1+20x2+14x3 where
x1= quantity of product 1
x2= quantity of product 2
x3= quantity of product 3
subject to
Labor 5x1+6 x2+4x3<=210 hours
Material 10x1+8 x2+5x3<=200 pounds
Machine 4x1+2x2+5x3<=170 minutes
x1, x2, x3>=0
The following information was obtained from the output. The ranges were also computed based
on the output, and they are shown as well.
Total profit =548.00
Variable Value Reduced Cost Range
Product 1010.6 Unlimited to 25.60
Product 25209.40 to 22.40
Product 332012.50 t050.00
Constraint Slack Shadow Price Range of Feasibility
Labor 520.0158.00 to unlimited
Material 02.4170.00 to 270.91
Machine 00.450.0 o 200.00
a. Which decision variables are basic (i.e., in solution)?
b. By how much would the profit per unit of product 1 have to increase for it to have a
nonzero value (i.e., for it to become a basic variable)?
c. If the profit per unit of product 2 increased by $2 to $22, would the optimal production
quantities of products 2 and 3 change? Would the optimal value of the objective function
change?
d. If the available amount of labor decreased by 12 hours, would that cause a change in the
optimal values of the decision variables or the optimal value of the objective function?
Would anything change?
e. If the available amount of material increased by 10 pounds to 210 pounds, how would
that affect the optimal value of the objective function?
f. If profit per unit on product 2 increased by $1 and profit per unit on product 3 decreased
by $.50, would that fall within the range of multiple changes?
g. Would the values of the decision variables change?
h. What would be the revised value of the objective function?

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