Posted: February 4th, 2016
Maximize profit= 5x+6y Subject to 2x+y<120 2x+3y0
Considered the following LP Problem:
Maximize profit= 5x+6y
Subject to 2x+y<120
2x+3y0
a) What is the optimal solution to this problem? Solve it graphically
b) If a technical breakthrough occurred that raised the profit per unit of x to $8 would this affect the optimal solution?
c) Instead of an increase in the profit coefficient X to $ 8, suppose that profit was overestimated and should only have been $3. Does this change the optimal solution?
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