B. Indicate how much slack resource is available at the optimal solution point.

Q: Suppose the following graphical representation of feasible SolutiSnS point is the optimal solution?…

A: Given the graphical representation of feasible solution.

Q: At the optimal solution from part a), analyze the bank’s constraints (number of new branches, number…

A: answer of given question is in next step

Q: What is Surplus variables?

A:

Q: b) Find the fishing effort that maximizes resource rent, EMEY, and the corresponding harvest, HMEY-

A: Maximum Economic Yield (MEY) is defined as the maximum yield which is in correlation with the level…

Q: Find a starting feasible solution of the following transportation problem using: North West corner…

A: Note:- As per our guidelines and due to time limit, we can answer first three subpart of a problem.…

Q: Two traffic signal systems are being considered for an intersection. One system costs $32,000 for…

A: Given: Two traffic signal systems are considered.The value of the one system includes $32,000 for…

Q: In a transportation problem with 3 sources and 8 destinations, how many fixed requirement…

A: We know that,  Number of constraints in a transportation problem is equal to the sum of the sources…

Q: In a transportation problem with 5 sources and 4 destinations, how many fixed requirement…

A: The constraints where LHS=RHS are the fixed requirement constraints. Here. 5 sources and 4…

Q: How is the shortest-path problem a special type of linear programming problem?

A: According to the question, we have to explain the shortest path problem which is a special type of…

Q: minimum point

A: We say that f(x) has an absolute (or global) minimum at x=c if f(x)≥f(c) for every x in the domain…

Q: Consider a resource allocation (product mix) problem with the follow- ing optimal tableau: X1 X2 X3…

A:

Q: A multimedia company anticipates that there will be a demand for 20,000 copies of a certain DVD…

A:

Q: Consider a resource allocation (product mix) problem with the follow- ing optimal tableau: X1 X2 X3…

A: We have to find the optimal dual solution from the given table.

Q: a) Formulate a linear programming model to maximize the profit.

A: Double check labour hour per acre. It looks not comparable with other details the question.

Q: The Bunker Manufacturing firm has five employees and six machines and wants to assign the employees…

A:

Q: The dean of the Western College of Business must plan the school’s course offerings for the fall…

A:

Q: A car rental agency has a budget of $2.1 million to purchase at most 110 new cars. The agency will…

A:

Q: A retailer anticipates selling 4,000 units of its product at a uniform rate over the next year. Each…

A:

Q: You are trying to create a budget to optimize the use of a portion of your disposable income. You…

A: Let the amount spent on food, shelter and entertainment are x, y, z (in dollars) respectively.…

Q: describe the following Feasibility and optimal solution Surplus versus Slack variables Alternative…

A: Solution 1: Feasible solution:  All possible solution, which satisfies the all constraints are…

Q: The dean of the Western College of Business must plan the school’s course offerings for the fall…

A:

Q: a. Determine minimum-cost staffing plan for PharmaPlus. How many pharmacists and technicians are…

A:

Q: A company is considering two insurance plans with coverage and premiums shown. It needs at least…

A: Let units purchased for policy A = x units Let unity purchased for policy A = y units

Q: The manager of a fast-food restaurant featuring hamburgers is adding salads to the menu. If they…

A: Given  Make option      fixed costm=14000      variable costm=$1 Buy option      variable costb=$3…

Q: Estimate the equilibrium price and quantity of the market whose demand and supply functions are pd =…

A:

Q: The Metropolitan Bus Company (MBC) purchases diesel fuel from American Petroleum Supply. In addition…

A: Here is the Answer and Explanation

Q: A retailer currently sells 15 tablets per day at a cost of $568. Market research indicates that for…

A: we know that revenue is given by, R = price x quantity Let x = number of times the price is reduced…

Q: A firm operates with the production function Q = K2L Q is the number of units of output per day…

A:

Q: 3.5 A cell phone carrier provides several different plans for customers to choose. Plan A charges…

A: Let x be the number of minutes usage Given: Plan A charges $ 0.10 per minute of usage with no…

Q: Is it possible to describe the concept of optimality in dynamic programming?

A: Solution

Q: Find the amount of capital (K) and labour (L) that should be employed to maximize output (q) given…

A:

Q: When and Why we use Artificial variables. Why can a surplus variables never be Used as an initial…

A: Here we recall some definitions.

Q: Write down the mathematical expressions for: The market-clearing condition when all endowments are…

A: We will write mathematical expression step wise.

Q: A shipping company is buying new trucks. The high-capacity trucks cost $50,000 and hold 350 cases of…

A: We will construct a linear programming problem according to the given conditions and solve it using…

Q: investor imposes the following conditions. At least one-half of the total portfolio is to be…

A: Sh

Q: What is the shadow price for the resource C constraint?

A: For simplification : x  = x1      , y = x2   Now, MAX Z = x1 + 2x2subject tox1 + x2 <= 12x1 <=…

Q: 4. Which labor and material resources are completely used? 5. What would be the impact on the…

A: Linear programming problem is a special branch of wide range of problems included in…

Q: A canned goods company produces canned tuna and canned corned beef. Projections indicate an expected…

A: We need to formulate a Linear Programming Problem(LPP) using the given scenario and then calculated…

Q: A balanced transportation problem with 8 sources and 5 demand points has constraints excluding sign…

A:

Q: Explain why it is impossible for three adjacent corners of a region of feasible solutions to…

A: According to the given information, it is not possible for three adjacent corners of a region of…

Q: Formulate a LP model for the OECS bank that will maximize net returns from the loans division and a…

A: formulate a L.P model for the OECS bank that will maximize net returns from the divisions and a…

Q: How much should the price of product 2 be increased to make it profitable to produce? How much of…

A:

Q: How can we interpret non-basic slack variables within an optimal solution?

A: The objective is interpret non-basic slack variables within an optimal solution.

Q: Using these data as his probability distribution for the number of cases, the legal staff…

A: Let X be the random variable denoting the number of cases. Consider the following table, X…

Q: d. How many cups of each drink should be consumed each day to minimize the cost and still meet the…

A: 1st we will formed a linear programing from given data and then solve it graphically .

Q: What will the optimal objective function value be?

A: In this question, we need to find the optimal solution of LPP by using the graphical method.

Q: When using a graphical solution procedure, the region bounded by the set of constraints is called…

A: Given  Region bounded by the set of constraints

Q: A restaurant requires different numbers of full-time employees on different days of the week. Union…

A: Linear Programming model is used to understand the most optimal solution based on the constraints.…