choose only the correct answer pls Consider the LP model below to answer question no.26-30Max z = 3x₁ + 5x2subject tox14 constraint 12x212 constraint 23x12x2 18 constraint 3X1, X20Page 326. What is the feasibility range for constraint 1?A. [3,00) B. [6, 18] C. [12,24] D. [4,00)27. What is the feasibility range for constraint 2?A. [3,00) B. [12,24] C. [4, ∞) D. [6, 18]28. What is the feasibility range for constraint 3?A. [2, ∞) B. [6, 18] C. [12,24] D. [4,00)29. What is the associated optimality range for the coefficient of x₁ that will keep the optimum un-changed?A. [2,00)A. [2, ∞) B. [0, ∞) C. [2,3] D. [0,1]30. What is the associated optimality range for the coefficient of x2 that will keep the optimum un-changed?B. [0, ∞) C. [2,3] D. [0,1]

Linear programming is one of the mathematical techniques that is widely used by companies. This…

Answered: 26. What is the feasibility range for…

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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QUESTION 12 (Using the same problem) A vendor for the local ballpark food stand is questioning whether to stock his concession with a large or small inventory. He believes that it will depend upon the size of the crowd. He has developed a payoff matrix for the various alternatives (stocking decision) and states of nature (size of crowd). What is the answer using the criterion of minimax regret? Alternatives Large Inventory Small Inventory Probability O A) -$2,000 O B) $130,000 O C) $0 O D) $20,000 O E) $153,400 Large Crowd $220,000 $90,000 .20 PROFIT ($) Average Crowd $50,000 $70,000 .50 Small Crowd -$2,000 -$5,000 .30
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