OPERATIONS RESEARCH >INTERNATIONAL EDITI
OPERATIONS RESEARCH >INTERNATIONAL EDITI
4th Edition
ISBN: 9780534423629
Author: WINSTON
Publisher: CENGAGE L
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Chapter 5.2, Problem 1P

Explanation of Solution

a.

Profit

  • Here 40 acres of land are available and the allowable decrease is 6.6667acres.
  • Thus the current basis remains optimal.
  • The shadow price for the constraint is 75.
  • Hence the new optimum solution is z 4250

Explanation of Solution

b.

Optimal solution

  • Optimal solution is still to plant 25 acres of wheat and 20 acres of corn and use 350 labor hours.
  • The new profit is

    ·New Profit = 130(25) + 200(20) - 10(350) = $3750

Explanation of Solution

c.

Allowable increase and Allowable decrease

  • In this case allowable decrease is the slack value which is 15.
  • The allowable increase value is infinity...

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