optimal solution point:

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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Graph the following LP problem and indicate
the optimal solution point:
Maximize profit = $3X + $2Y
Subject to 2X + Y< 150
2X + 3Y < 300
a. Does the optimal solution change if the profit
per unit of X changes to $4.50?
p. What happens if the profit function should have
been
You do not need to find the solution
%3D
graphically. You can find the initial solution
using Excel Solver. Once you find the initial
solution, all parts of the problems should be
solved using Excel's Sensitivity Report.
Transcribed Image Text:Graph the following LP problem and indicate the optimal solution point: Maximize profit = $3X + $2Y Subject to 2X + Y< 150 2X + 3Y < 300 a. Does the optimal solution change if the profit per unit of X changes to $4.50? p. What happens if the profit function should have been You do not need to find the solution %3D graphically. You can find the initial solution using Excel Solver. Once you find the initial solution, all parts of the problems should be solved using Excel's Sensitivity Report.
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