A linear programming problem shows an objective function of: P = 250x + 75y Subject to constraints: 5x + y ≤ 100 x + y ≤ 60 .. (1) . (2) *** The maximum profit for this combination is P6,250. Required: Compute the shadow price of constraint (2).

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section: Chapter Questions
Problem 10CT: Sketch the region corresponding to the system of constraints. Then find the minimum and maximum...
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Activity 2

Activity 2
A linear programming problem shows an objective function of:
P = 250x + 75y
Subject to constraints:
5x + y ≤ 100
. (1)
... (2)
x + y ≤ 60
The maximum profit for this combination is P6,250.
Required: Compute the shadow price of constraint (2).
Transcribed Image Text:Activity 2 A linear programming problem shows an objective function of: P = 250x + 75y Subject to constraints: 5x + y ≤ 100 . (1) ... (2) x + y ≤ 60 The maximum profit for this combination is P6,250. Required: Compute the shadow price of constraint (2).
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