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Consider the linear program in Problem 3. The value of the optimal solution is 48. Suppose that the right-hand side for constraint 1 is increased from 9 to 10.

a. Use the graphical solution procedure to find the new optimal solution.

b. Use the solution to part (a) to determine the dual value for constraint 1.

c. The computer solution for the linear program in Problem 3 provides the following right-hand-side range information:

Constraint

RHS Value

Allowable Increase

Allowable Decrease

1

9.00000

2.00000

4.00000

2

10.00000

8.00000

1.00000

3

18.00000

4.00000

Infinite

What does the right-hand-side range information for constraint 1 tell you about the dual value for constraint 1?

d. The dual value for constraint 2 is 3. Using this dual value and the right-hand-side range information in part (c), what conclusion can be drawn about the effect of changes to the right-hand side of constraint 2?

Text Book: An Introduction to Management Science: Quantitative Approaches to Decision. By David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Camm, James Cochran.

Game Theory, Economics

  • Category:- Game Theory
  • Reference No.:- M91592378

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