Consider a resource allocation (product mix) problem with the follow-ing optimal tableau:X1X2X3 S1S2S3S1-21-810X3-21-5811.25-0.5 1.50 01010 | 600Recall that the objective is to maximize profit. Answer each questionstarting from this optimal tableau.(b) What is the optimal dual solution?

We have to find the optimal dual solution from the given table.

Answered: Consider a resource allocation (product…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Hi, I need an optimal solution for this problem.
How much should the price of product 2 be increasedto make it profitable to produce? How much of product 2 shouldbe produced in the new optimal plan?
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Solve the problem. 10) 10) A chess master creates instructional videos about various opening strategies. She sells the videos in 3-hr packages for $ 35 each. Her one-time initial cost to produce each 3-hr video package is $4,600 (this includes labor and the cost of computer supplies). The cost to package and ship each DVD is $ 2.95. a. Write a linear cost function that represents the cost C(x) to produce, package, and ship x 3-hr video packages. b. Write a linear revenue function to represent the revenue R(x) for selling x 3-hr video packages. c. Evaluate (R - C)(x) and interpret its meaning in the context of this problem.
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