1) Consider the following linear programming model. Max 3x + y s.t 2x + 4y ≤ 22 -x + 4y ≤ 10 4x - 2y ≤ 14 x - 3y ≤ 1 x, y≥ 0 Provide answers to the following questions using the graphical solution method (Note: This problem must not be solved by Excel Solver). a. Draw the correct graph and show the feasible region. b. What are the extreme points? c. Which point in the feasible region is optimal and what is the value of the objective function at that point?

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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1) Consider the following linear programming model.
Max 3x + y
s.t 2x + 4y ≤ 22
-x + 4y ≤ 10
4x - 2y ≤ 14
x - 3y ≤ 1
x, y≥ 0
Provide answers to the following questions using the graphical solution method (Note: This problem must not be solved by Excel Solver).
a. Draw the correct graph and show the feasible region.

b. What are the extreme points?

c. Which point in the feasible region is optimal and what is the value
of the objective function at that point?

d. Which constraints are binding and explain why?

e. Calculate the slack/surplus for each constraint(s)?

2) Consider the following linear programming problem:
Max 5x + 7y
s.t 2x + y ≥ 3
-x + 5y ≥ 4
2x - 3y ≤ 6
3x + 2y ≤ 35
3/7x + y ≤ 10
x, y ≥ 0

a. Solve this problem using the graphical solution procedure. 

b. Compute the range of optimality for the objective function
coefficient of x.

c. Compute the range of optimality for the objective function
coefficient of y. 

 

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