Consider the following LP problem developed at •• B.9 Zafar Malik's Carbondale, Illinois, optical scanning firm: Maximize profit = $1X1 + $1X, 2X1 + 1X, < 100 1X1 + 2X2 < 100 Subject to:
Consider the following LP problem developed at •• B.9 Zafar Malik's Carbondale, Illinois, optical scanning firm: Maximize profit = $1X1 + $1X, 2X1 + 1X, < 100 1X1 + 2X2 < 100 Subject to:
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...
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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 X1 to $3, would this affect the optimal solution?
c) Instead of an increase in the profit coefficient X1 to $3, suppose that profit was overestimated and should only have been $1.25. Does this change the optimal solution?
Transcribed Image Text:Consider the following LP problem developed at
Zafar Malik's Carbondale, Illinois, optical scanning firm:
B.9
Maximize profit = $1X1 + $1X2
2X1 + 1X, < 100
1X1 + 2X2 < 100
Subject to:
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