Consider the following linear programming problem. Min s.t. 4A + 7B 1A + 4B ≤ 21 2A + 1B27 3A +1.5B ≤ 21 -2A + 6B 20 A, B ≥ 0 (a) Find the optimal solution using the graphical solution procedure and the value of the objective function. at (A, B) = (b) Determine the amount of slack or surplus for each constraint. slack for 1A + 4B ≤ 21 surplus for 2A + 1B ≥ 7 slack for 3A + 1.5B ≤ 21 surplus for -2A + 6B ≥ 0 (c) Suppose the objective function is changed to max 8A + 3B. Find the optimal solution and the value of the objective function. at (A, B) =
Consider the following linear programming problem. Min s.t. 4A + 7B 1A + 4B ≤ 21 2A + 1B27 3A +1.5B ≤ 21 -2A + 6B 20 A, B ≥ 0 (a) Find the optimal solution using the graphical solution procedure and the value of the objective function. at (A, B) = (b) Determine the amount of slack or surplus for each constraint. slack for 1A + 4B ≤ 21 surplus for 2A + 1B ≥ 7 slack for 3A + 1.5B ≤ 21 surplus for -2A + 6B ≥ 0 (c) Suppose the objective function is changed to max 8A + 3B. Find the optimal solution and the value of the objective function. at (A, B) =
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Objective Functions and Constraints:
Objective Functions and Constraints:
Based on the given details, the objective functions and constraints are
Objective Function:
Constraints:
Subject to
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