5 11.The computer output below is a product mix problem ofa manufacturing company. Usethe output to answer the following questions. Assume thatthe company wishes tomaximize the profit.Variable Value Reduced CostX₁0X₂20X30Constraint Dual Value Slack/SurplusResource AResource BResource C40010201000030Original Lower Bound Upper BoundValue502030OriginalValue90508030Infinity25604050Lower Bound Upper Bound50455010080Infinitya) What is the optimal solution and the total profit for thisproblem?b) Determine the marginal value of an additional pound ofResource A. Over what range is this value valid?

Find the Calculation methods below: Optimal Solution (Total Profit) = ∑ (Value * Original…

Answered: 11. The computer output below is a…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter7: Nonlinear Optimization Models

Section7.3: Pricing Models

Problem 2P

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