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?
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...
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