
When mathematicians are presented with a linear programming problem, they will not only determine the optimal solution but will also supply what are called shadow prices for each resource. This chapter project develops the concept of a shadow price.
Consider the furniture manufacturing problem. The constraint for finishing is
Determine the optimal solution for the revised linear programming problem. What is the new maximum profit? By how much was the profit increased due to the additional hour for finishing? This amount is the shadow price.

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Chapter 3 Solutions
EBK FINITE MATHEMATICS & ITS APPLICATIO
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- Determine whether each function is an injection and determine whether each is a surjection.arrow_forwardLet A = {a, b, c, d}, B = {a,b,c}, and C = {s, t, u,v}. Draw an arrow diagram of a function for each of the following descriptions. If no such function exists, briefly explain why. (a) A function f : AC whose range is the set C. (b) A function g: BC whose range is the set C. (c) A function g: BC that is injective. (d) A function j : A → C that is not bijective.arrow_forwardLet f:R->R be defined by f(x)=x^(3)+5.(a) Determine if f is injective. why?(b) Determine if f is surjective. why?(c) Based upon (a) and (b), is f bijective? why?arrow_forward
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