Next question Use the simplex method to solve the linear programming prob z = 8x1 - 7x2 + 4x3 2x1 - X2 + 8x3540 4x1 - 5x2 + 6x3576 Maximize subject to 2x1 - 2x2 + 6x3 < 32 X1 2 0, x2 2 0, X3 20. ..... Select the correct choice below and, if necessary, fill in the answer boxes to complete your choice. A. The maximum is when x1 , X2 =, X3 =, s1 =, s2 =, and s3 = B. There is no maximum.
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- If a monopolist produces q units, she can charge 400 4q dollars per unit. The variable cost is 60 per unit. a. How can the monopolist maximize her profit? b. If the monopolist must pay a sales tax of 5% of the selling price per unit, will she increase or decrease production (relative to the situation with no sales tax)? c. Continuing part b, use SolverTable to see how a change in the sales tax affects the optimal solution. Let the sales tax vary from 0% to 8% in increments of 0.5%.May I have the linear programming graph (or model) or plot with the given following information? 3 variables and 8 contraints Objective - Zmax = 1.85R+2.1D+2.15H Constraints: 0.15R + 0.2D + 0.25H ≤ 6000 0.25R + 0.2D + 0.15H ≤ 7500 0.25R + 0.2D + 0.15H ≤ 7500 0.10R + 0.2D + 0.25H ≤ 6000 0.25R + 0.2D + 0.20H ≤ 7500 R ≥ 10000 D ≥ 3000 H ≥ 5000Given this linear programming model, solve the model and then answer the questions that follow. Maximize Z = 12x1 + 18x2 + 15x3 where x1 = the quantity of product 1 to make, etc. Subject to Machine: 5x 1 + 4x 2 + 3x 3 ≤ 160 minutes Labor: 4x1 + 10x2 + 4x3 ≤ 288 hours Materials: 2x 1 + 2x2 + 4x3 ≤ 200 pounds Product 2: x2 ≤ 16 units x1, x2, x3 ≥ 0 a) Are any constraints binding? If so, which one(s)? b) If the profit on product 3 were changed to $22 a unit, what would the values of the decision variables be? The objective function? Explain. c) If the profit on product 1 were changed to $22 a unit, what would the values of the decision variables be? The objective function? Explain. d) If 10 hours less of labor time were available, what would the values of the decision variables be? The objective function? Explain. e) If the manager decided that as many as 20 units of product 2 could be produced (instead of 16), how much additional profit would be generated? f) If profit per unit on each…
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- Given this linear programming model, solve the model and then answer the questions that follow.Maximize Z = 12x1 + 18x2 + 15x3 where x1 = the quantity of product 1 to make, etc.Subject toMachine 5x1 + 4x2 + 3x3 ≤ 160 minutes Labor 4x1 + 10x2 + 4x3 ≤ 288 hoursMaterials 2x1 + 2x2 + 4x3 ≤ 200 poundsProduct 2 x2 ≤ 16 units x1, x2, x3 ≥ 0 a. Are any constraints binding? If so, which one(s)?-For this problem clearly derive the Linear program-Graph this problem and clearly indicate the feasible options- Clearly determine the solution to the problem using the method of points (be smart about which points you have to evaluate based on the graph of the objective functionDon't use chatgpt, I will 5 upvotes Alan wants to bake blueberry muffins and bran muffins for the school bake sale. For a tray of blueberry muffins, Alan uses 1/3 cup of oil and 2 eggs. For a tray of bran muffins, Alan uses 1/2 cup of oil and 1 egg. Alan has 4 cups of oil and 12 eggs on hand. He sells trays of blueberry muffins for $12 each and trays of bran muffins for $9 each. Alan wants to maximize the money raised at the bake sale. Let x represent the number of blueberry muffins and y represent the number of bran muffins Alan bakes.