a) Solve the LP model using the graphical method and determine the optimal solution. b) Calculate slack/surplus for each constraint. c) If the RHS of constraint 1 increases by 1, by how much would the objective function value change? d) If the RHS of constraint 2 increases by 1, by how much would the objective function value change?

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...
icon
Related questions
Question
2. Min Z = 5x₁ + x₂
subject to
2x₁ +
x₂ ≥ 6
x₁ +
X₂ ≥ 4
2x₁ + 10x₂ ≥ 20
X1, X₂ ≥ 0
a) Solve the LP model using the graphical method and determine the optimal
solution.
b) Calculate slack/surplus for each constraint.
c)
If the RHS of constraint 1 increases by 1, by how much would the objective
function value change?
d) If the RHS of constraint 2 increases by 1, by how much would the objective
function value change?
Transcribed Image Text:2. Min Z = 5x₁ + x₂ subject to 2x₁ + x₂ ≥ 6 x₁ + X₂ ≥ 4 2x₁ + 10x₂ ≥ 20 X1, X₂ ≥ 0 a) Solve the LP model using the graphical method and determine the optimal solution. b) Calculate slack/surplus for each constraint. c) If the RHS of constraint 1 increases by 1, by how much would the objective function value change? d) If the RHS of constraint 2 increases by 1, by how much would the objective function value change?
Expert Solution
steps

Step by step

Solved in 9 steps with 39 images

Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.