Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Upvotes will be given for correct answer! Consider a linear program with six variables 1,..., and three constraints. At an iteration of the Simplex method

image text in transcribed
Upvotes will be given for correct answer!
Consider a linear program with six variables 1,..., and three constraints. At an iteration of the Simplex method we have basic variables B = {09,46, e), non-basic variables N = {1,13,14}, transformed right hand side B-) = (3.7. 117, and objective function value B-16 = 25. Addi- tionally, we obtain the following information at the current basic fossible solution (BFS): -3 -1 23 -6 -1 - 1 0 1 Bla 3 1 Part 1. (10pt) Suppose that this linear program has a minimizing objective function. Do you think the current BFS is optimal? Pick one from the following three to continue. If you think the current BFS is optimal, explain why. (5pt) Additionally, find an alternative optimal BFS if there are any. (5pt) If you think the current BFS is not optimal and the problem is bounded, explain why, (5pt) Then, continue to use the Simplex pivot to derive an optimal solution to this problem. (5pt) Please present your steps clearly and specify at each iteration which variable to enter which to exit. . If you think the current BFS is not optimal and the problem is unbounded, explain why. (5pt) Additionally, provide an unbounded direction. (5pt) Part 2. (10pt) Regardless of the direction of optimization, do you think there exists a feasible solution that has an objective function value equaling to 12257 Pick one from the following two to continue . If you think such a feasible solution does not exist, explain why. (pt) Additionally, find a different solution such that ay > 0 for all y = 1,...,6.5pt) . If you think such a feasible solution exists, explain why. (5pt) Additionally, find this solution and show the cerivation you conduct. (pt) Consider a linear program with six variables 1,..., and three constraints. At an iteration of the Simplex method we have basic variables B = {09,46, e), non-basic variables N = {1,13,14}, transformed right hand side B-) = (3.7. 117, and objective function value B-16 = 25. Addi- tionally, we obtain the following information at the current basic fossible solution (BFS): -3 -1 23 -6 -1 - 1 0 1 Bla 3 1 Part 1. (10pt) Suppose that this linear program has a minimizing objective function. Do you think the current BFS is optimal? Pick one from the following three to continue. If you think the current BFS is optimal, explain why. (5pt) Additionally, find an alternative optimal BFS if there are any. (5pt) If you think the current BFS is not optimal and the problem is bounded, explain why, (5pt) Then, continue to use the Simplex pivot to derive an optimal solution to this problem. (5pt) Please present your steps clearly and specify at each iteration which variable to enter which to exit. . If you think the current BFS is not optimal and the problem is unbounded, explain why. (5pt) Additionally, provide an unbounded direction. (5pt) Part 2. (10pt) Regardless of the direction of optimization, do you think there exists a feasible solution that has an objective function value equaling to 12257 Pick one from the following two to continue . If you think such a feasible solution does not exist, explain why. (pt) Additionally, find a different solution such that ay > 0 for all y = 1,...,6.5pt) . If you think such a feasible solution exists, explain why. (5pt) Additionally, find this solution and show the cerivation you conduct. (pt)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image
Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

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

Investment Analysis And Portfolio Management

Authors: Frank K. Reilly, Keith C. Brown

6th Edition

003025809X, 978-3540014386

Students explore these related Finance questions