Consider the following linear program. Max 2A + 3B s.t. 5A + 5B ≤ 350 Constraint 1 −1A + 1B ≤ 10 Constraint 2 1A + 3B ≥ 90 Constraint 3 A, B ≥ 0 Identify the optimal extreme point. What is the optimal solution? (A, B)= (30, 40) How much slack or surplus is associated with the nonbinding constraint? Constraint 3 is the nonbinding constraint. There is a surplus of _________ associated with this constraint. (THE QUESTION BEING ASKED)
Consider the following linear program. Max 2A + 3B s.t. 5A + 5B ≤ 350 Constraint 1 −1A + 1B ≤ 10 Constraint 2 1A + 3B ≥ 90 Constraint 3 A, B ≥ 0 Identify the optimal extreme point. What is the optimal solution? (A, B)= (30, 40) How much slack or surplus is associated with the nonbinding constraint? Constraint 3 is the nonbinding constraint. There is a surplus of _________ associated with this constraint. (THE QUESTION BEING ASKED)
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Consider the following linear program.
Max 2A + 3B
s.t.
5A + 5B ≤ 350 Constraint 1
−1A + 1B ≤ 10 Constraint 2
1A + 3B ≥ 90 Constraint 3
A, B ≥ 0
- Identify the optimal extreme point. What is the optimal solution?
(A, B)= (30, 40)
- How much slack or surplus is associated with the nonbinding constraint?
Constraint 3 is the nonbinding constraint. There is a surplus of _________ associated with this constraint. (THE QUESTION BEING ASKED)
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