Operations Research : Applications and Algorithms
Operations Research : Applications and Algorithms
4th Edition
ISBN: 9780534380588
Author: Wayne L. Winston
Publisher: Brooks Cole
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Chapter 5.1, Problem 5P

a.

Explanation of Solution

Value of price

  • In this case the slope of the profit line is -1/2.
  • So the profit line i...

b.

Explanation of Solution

Value of price

  • The current basis remains optimal for some values of type 2 radio...

c.

Explanation of Solution

Optimal solution

  • When both the constraints are binding, then the solution is optimal...

d.

Explanation of Solution

Optimal solution

  • Optimal solution occurs when both the constraints are binding...

e.

Explanation of Solution

Shadow price

  • For labour 1, if 40 + ∆ hours are available, then the optimal solution is

    x1+ 2x2= 40 + △2x1+ x2= 50.

  • Thus labour 1 gives shadow price as 1/3

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Chapter 5 Solutions

Operations Research : Applications and Algorithms

Ch. 5.1 - Prob. 1PCh. 5.1 - Prob. 2PCh. 5.1 - Prob. 3PCh. 5.1 - Prob. 4PCh. 5.1 - Prob. 5PCh. 5.2 - Prob. 1PCh. 5.2 - Prob. 2PCh. 5.2 - Prob. 3PCh. 5.2 - Prob. 4PCh. 5.2 - Prob. 5P
Ch. 5.2 - Prob. 6PCh. 5.2 - Prob. 7PCh. 5.2 - Prob. 8PCh. 5.3 - Prob. 1PCh. 5.3 - Prob. 3PCh. 5.3 - Prob. 4PCh. 5.3 - Prob. 5PCh. 5.3 - Prob. 6PCh. 5.3 - Prob. 7PCh. 5.3 - Prob. 9PCh. 5.3 - Prob. 10PCh. 5.3 - Prob. 11PCh. 5 - Prob. 1RPCh. 5 - Prob. 2RPCh. 5 - Prob. 3RPCh. 5 - Prob. 4RPCh. 5 - Prob. 6RPCh. 5 - Prob. 7RPCh. 5 - Prob. 8RPCh. 5 - Prob. 9RPCh. 5 - Prob. 10RPCh. 5 - Prob. 11RPCh. 5 - Prob. 12RPCh. 5 - Prob. 13RPCh. 5 - Prob. 14RPCh. 5 - Prob. 15RPCh. 5 - Prob. 16RP
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