Student Suite Cd-rom For Winston's Operations Research: Applications And Algorithms
Student Suite Cd-rom For Winston's Operations Research: Applications And Algorithms
4th Edition
ISBN: 9780534423551
Author: Wayne L. Winston
Publisher: Cengage Learning
Expert Solution & Answer
Book Icon
Chapter 5.2, Problem 3P

a.

Explanation of Solution

Optimal solution

  • From the LINDO output, the allowable decrease for Brownies is within the range.
  • As a result, the decision variables remain unchanged...

b.

Explanation of Solution

Optimal solution

  • If a bottle of cola cost 35, then from the LINDO output the allowable increase of brownies is within the range.
  • Hence the current basis remains optimal.
  • Hence the new cost =x

c.

Explanation of Solution

Cost of optimal diet

  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value) / Key value

d.

Explanation of Solution

Cost of optimal diet

  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value) / Key value

  • The key row value can be calculated by the given

e.

Explanation of Solution

Cost of optimal diet

  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value) / Key value

  • The key row value can be calculated by the given formula:

     Key r

f.

Explanation of Solution

Optimal price

  • From the LINDO output, the reduced cost of pineapple cheesecake is 50...

g.

Explanation of Solution

Optimal price

  • From the LINDO output, the reduced cost of Brownie is 27.5.
  • Hence the cost of ...

h.

Explanation of Solution

Optimal solution

  • The new optimum solution value or profit is calculated by the given formula:

    New value = Old value – (Key column value × Key row value) / Key value

  • The key row value can be calculated by the given formula:

Blurred answer
Students have asked these similar questions
Suppose that the total cost (in dollars) for a product is given by C(x) = 1200 + 200 In(2x + 1) where x is the number of units produced. (a) Find the marginal cost MC function. MC = (b) Find the marginal cost when 200 units are produced. (Round your answer to the nearest cent.) Interpret your result. O The profit from the next unit will be approximately this amount. This is the total profit from producing 200 units. It will cost approximately this amount to make the next unit. O This is the total cost of producing 200 units. (c) Total cost functions always increase because producing more items costs more. What then must be true of the marginal cost function? O MC S0 O MC > 0 MC < 0 MC 2 0 MC = 0 %3D Does it apply in this problem? O Yes No
Suppose the risk index for the stock fund (the value of ) increases from its current value of 8 to 12. How does the optimal solution change, if at all? Suppose the risk index for the money market fund (the value of ) increases from its current value of 3 to 3.5. How does the optimal solution change, if at all? Suppose increases to 12 and increases to 3.5. How does the optimal solution change, if at all?
Given the objective function 2x1+5x2 that needs to be maximized and the graphical solution shown below, what is the optimal value of the objective function? 420 20 [ [8] Answer: 45
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Operations Research : Applications and Algorithms
Computer Science
ISBN:9780534380588
Author:Wayne L. Winston
Publisher:Brooks Cole