For the problem, min 8x1 + 12x2 s.t. 4x1 + 3x2 ≥ 20, 3x1 + x2 ≥ 10, x1 ≥ 0, x2 ≥ 0, the solution for x₁ is [Enter your answers as numbers in the boxes] the solution for x2 is the price for the first constraint is and the price for the second constraint is

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Question
The problem,
max 4x1 + 12x2
s.t. 6x1 + 4x2 < 16, 2x1 + 2x2 < 9, x1 2 0, x2 2 0,
find an equilibrium where the nonnegativity constraints are treated as resource constraints and assigned prices.
[The problem max3(x,)²+6(x,)² s.t. 2x,+x,s8, x,20, x,20 is solved at x,=0, x=8. Is there an equilibrium pricep for the 2x,+x,58 constraint? That is, is there a
p20 such that 3(x,)²+6(x,)²-p(2x,+x,) is maximized at x,=0, x=8?]
The solution for x1 is
the solution for x2 is
the price for the 6x1 + 4x2 < 16 constraint is
the price for the 2x1 + 2x2 < 9
constraint is
the price for the x1 20 constraint is
and the price for the x2 > 0 constraint is
[Enter your answers as numbers in the boxes]
Transcribed Image Text:The problem, max 4x1 + 12x2 s.t. 6x1 + 4x2 < 16, 2x1 + 2x2 < 9, x1 2 0, x2 2 0, find an equilibrium where the nonnegativity constraints are treated as resource constraints and assigned prices. [The problem max3(x,)²+6(x,)² s.t. 2x,+x,s8, x,20, x,20 is solved at x,=0, x=8. Is there an equilibrium pricep for the 2x,+x,58 constraint? That is, is there a p20 such that 3(x,)²+6(x,)²-p(2x,+x,) is maximized at x,=0, x=8?] The solution for x1 is the solution for x2 is the price for the 6x1 + 4x2 < 16 constraint is the price for the 2x1 + 2x2 < 9 constraint is the price for the x1 20 constraint is and the price for the x2 > 0 constraint is [Enter your answers as numbers in the boxes]
For the problem,
min 8x1 + 12x2
s.t. 4x1 + 3x2 > 20, 3x1 + x2 > 10, x1 2 0, x2 2 0,
the solution for x1 is
the solution for x2 is
the price for the first constraint is
and the price for the second constraint is
[Enter your answers as numbers in the boxes]
Transcribed Image Text:For the problem, min 8x1 + 12x2 s.t. 4x1 + 3x2 > 20, 3x1 + x2 > 10, x1 2 0, x2 2 0, the solution for x1 is the solution for x2 is the price for the first constraint is and the price for the second constraint is [Enter your answers as numbers in the boxes]
Expert Solution
steps

Step by step

Solved in 4 steps with 1 images

Blurred answer
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,