Table 10-5 Maximize Z = 34 X₁ + 43 X₂ + 29

question 31

Multiple Choice

Table 10-5
Maximize Z = 34 X₁ + 43 X₂ + 29 X₃
Subject to: 5 X₁ + 4 X₂ + 7 X₃ ≤ 50
1 X₁ + 2 X₂ + 2 X₃ ≤ 16
3 X₁ + 4 X₂ + 1 X₃ ≤ 9
all X_i are integer and non-negative
Final Integer Solution: Z = 208
Decision
Variable Solution
X₁ 1
X₂ 0
X₃ 6
-Table 10-5 represents a solution for an integer programming problem.If one uses the optimal solution presented,how much slack is there in the first equation?

• A)0 units
• B)5 units
• C)3 units
• D)2 units
• E)None of the above

---

Definitions:

Savings Rate

The savings rate is the proportion of disposable income that is saved by households rather than spent on consumption.

Conspicuous Consumption

The spending of money on and the acquisition of luxury goods and services to publicly display economic power or social status.

Induced Consumption

Consumer spending that increases when income rises and decreases when income falls, reflecting a direct relationship between income and consumption.

Total Consumption

The aggregate amount of goods and services consumed by individuals, households, and others in an economy during a given period.