Reduced costs indicate how much the objective coefficient of a decision variable that is currently 0 or at its upper bound must change before that the value of the objective function changes.
Reduced costs indicate how much the objective coefficient of a decision variable that is currently 0 or at its upper bound must change before that the value of that variable changes. |
Are both true or false?
The given statement is True because reduce the costs indicates that how much objective coefficient of a decision variable is currently 0 . Also it's upper bound changes before that the value of the variable changes .
Answer : True .
Reduced costs indicate how much the objective coefficient of a decision variable that is currently 0...
the range of which the objective function coefficient can increase or decrease by before lp must be recalculated and a new optimal solution is found is called the: Qu12 iStructions Show Instructions D | Question 15 5 pts The reduced cost tells you by how much a particular objective function coefficient would have to improve by before you can start producing something of that variable True False Previous Next No new data to save. Last checked at 9:27pm Submit Quiz...
The reduced cost for a decision variable that appears in a Sensitivity Report indicates the change in the optimal objective function value that results from changing the right-hand side of the nonnegativity constraint from 1 to 0. 0 to 1. –1 to 0. 0 to –1.
Variable cells Cell Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease $B$6 Activity 1 3 0 30 23 17 $C$6 Activity 2 6 0 40 50 10 $D$6 Activity 3 0 –7 20 7 1E+30 Constraints Cell Name Final Value Shadow Price Constraint R.H. Side Allowable Increase Allowable Decrease $E$2 Resource A 20 7.78 20 10 12.5 $E$3 Resource B 30 6 30 50 10 $E$4 Resource C 18 0 40 1E+30 22 What is the allowable...
True or False? 1. If an LP has multiple optimal solutions, then all solutions have the same objective function value (such as total profit or cost). 2. As long as all prices (objective coefficients) change within their respective ranges, the optimal solution of a linear program does not change. 3. When a dual price changes within its range, the optimal solution does not change. 4. The solution of a linear program always consists of whole numbers (integers). That is why...
Interpreting an LP output after solving the problem using the software. The following linear programming problem has been solved using the software. Use the output to answer the questions below. LINEAR PROGRAMMING PROBLEM: MAX 25X1+30X2+15X3 S.T. 1) 4X1+5X2+8X3<1200 2) 9X1+15X2+3X3<1500 OPTIMAL SOLUTION: Objective Function Value = 4700.000 Variable Value Reduced Costs X1 140.000 0.000 X2 0.000 10.000 X3 80.000 0.000 Constraint Slack/Surplus Dual Prices 1 0.000 1.000 2 0.000 2.333 OBJECTIVE COEFFICIENT RANGES: Variable Lower Limit Current Value Upper Limit...
questions 5 6 7 PARTILMULTIPLE CHOI how much or how many of something to produce, purchase, hire, etc. в, C. represent the values of the constraints measure the objective function. D. must exist for each constraint. PNDVS 2. Which of the following statements is NOT true? A. A feasible solution satisfies all constraints. B. An optimal solution satisfies all constraints. C An infeasible solution violates all constraints. D. A feasible solution point does not have to lie on the boundary...
hapter 5 Quiz (pp. 150-162) Saved Help In linear programming, what-if analysis is associated with determining the effect of changing I. objective function coefficients Il. right-hand side values of constraints. IlI. decision variable values. 0150-13) Multiple Choice eBook objective function coefficients and right-hand side values of constraints References right-hand side values of constraints and decision variable values objective function coefficients, right-hand side values of constraints, and decision variable values objective function coefficients and decision veriable values None of the choices...
If you could sell 50 oz. of stabilizer at $2.25/oz, how would this affect profit? Adjustable Cells Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease Cell $B$5 Variable C $C$5 Variable P Name 100 350 0 1E+30 2 Constraints Final Shadow Constraint Allowable Allowable Value Price R.H. Side Increase Decrease 200 500 50 Cell Name $D$11 Fragrance LHS 1600 $D$12 Intensifier LHS 1300 $D$13 Stabilizer LHS 350 1600 166.6666667 1E+30 50 1.5 1800 350 2 Adjustable Cells Final...
Answer these following questions: 1. Only variable costs can be relevant or differential cost A. True B. False 2. Fixed Costs which change with a decisions are relevant A. True B. False 3. Sunk costs are always relevant to decisions A. True B. False 4. In incremental analysis, total fixed costs will always remain constant A. True B. False 5. A special order should not be accepted if the sales price is less than the unit variable cost. A. B....
Use this output to answer these questions please, I need to understand. Interpreting an LP output after solving the problem using the software. The following linear programming problem has been solved using the software. Use the output to answer the questions below LINEAR PROGRAMMING PROBLEM MAX 25x1+30x2+15x3 ST. 1) 4X1+5X2+8X3<1200 2) 9x1+15X2+3X3c1500 OPTIMAL SOLUTION: Objective Function Value- 4700.000 Variable Value 140.000 duced Costs 0.000 10.000 0.000 x1 x2 X3 0.000 80.000 Slack/Surplus 0.000 0.000 1.000 2.333 2 OBJECTIVE COEFFICIENT RANGES:...