For this you will need to submit 2 documents. A word document with your answers typed out and an excel file with your supporting work. Remember to always start with the original LP for each question #2) Solve the following LP Maximize $4x + $5y Subject to 2x + 3y s 20 (labor, in hours) 6x + 6y s 36 (materials, in pounds) 4x + 4y s 40 (storage, in square feet) x, y 20 a) Write the original optimal solution and objective function value. b) What happens to the optimal solution and objective function value if you acquire 2 additional pounds of material? c) What happens to the optimal solution and objective function value if you acquire 1.5 additional hours of labor? d) What happens to the optimal solution and objective function value if you give up 1 hour of labor and get 1.5 pounds of material?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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plz solve the question's with explaination within 30-40 min. I will give you upvotes
For this you will need to submit 2 documents. A word document with your answers typed
out and an excel file with your supporting work. Remember to always start with the original
LP for each question
#2) Solve the following LP
Maximize $4x + $5y
Subject to
2x + 3y s 20 (labor, in hours)
6x + 6y < 36 (materials, in pounds)
4x + 4y s 40 (storage, in square feet)
х, у 20
a) Write the original optimal solution and objective function value.
b) What happens to the optimal solution and objective function value if you acquire 2
additional pounds of material?
c) What happens to the optimal solution and objective function value if you acquire 1.5
additional hours of labor?
d) What happens to the optimal solution and objective function value if you give up 1 hour of
labor and get 1.5 pounds of material?
Transcribed Image Text:For this you will need to submit 2 documents. A word document with your answers typed out and an excel file with your supporting work. Remember to always start with the original LP for each question #2) Solve the following LP Maximize $4x + $5y Subject to 2x + 3y s 20 (labor, in hours) 6x + 6y < 36 (materials, in pounds) 4x + 4y s 40 (storage, in square feet) х, у 20 a) Write the original optimal solution and objective function value. b) What happens to the optimal solution and objective function value if you acquire 2 additional pounds of material? c) What happens to the optimal solution and objective function value if you acquire 1.5 additional hours of labor? d) What happens to the optimal solution and objective function value if you give up 1 hour of labor and get 1.5 pounds of material?
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