Given the optimal solution x 3 and y 7 for the following, Ask an Expert

Management Studies

Given the optimal solution: X* = 3 and Y* = 7 for the following Linear Programming problem with 4 constraints:

MAX 2X + 3Y

s.t. 2X + Y ≥ 4 .......... (1)

X + Y ≤ 10 .......... (2)

X + 3Y ≤ 24 .......... (3)

2X + Y ≤ 16 .......... (4) X, Y ≥ 0

Which one of the following statements about dual price of constraint 3 is correct?

Select one:

a. dual price of constraint 3 must be zero.

b. due price of constraint 3 must be not equal to zero.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M92181892

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