Question

You are given the following linear programming model in algebraic form, with X1 and X2 as...

You are given the following linear programming model in algebraic form, with X1 and X2 as the decision variables: Note: Each part is independent (i.e., any change made in one problem part does not apply to any other parts). Minimize 40X1+50X2

Subject to

2X1+3X2>=30 2

X1+ X2>=20

X1>=0, X2>=0

a) Graph the feasible region and label the corner point. Compute the optimal solution using any method of your choice. Justify your answer and indicate the optimal solution on your graph.

B)How does the optimal solution change if the objective function is changed to 40 X1+70 X2?

c) Now your boss tells you “I apologize, but I was just informed that the X2 coefficient is not reliable, Can you tell me how much the X2 coefficient may change, both up and down, whereby the optimal solution you reported in problem 1(a) remains optimal?” Justify your answer.

0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
You are given the following linear programming model in algebraic form, with X1 and X2 as...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT