You Are Faced with a Linear Programming Objective Function Of

question 38

Multiple Choice

You are faced with a linear programming objective function of:
Max P = $20X + $30Y
And constraints of:
3X + 4Y = 24 (Constraint A)
5X -Y = 18 (Constraint B)
You discover that the shadow price for Constraint A is 7.5 and the shadow price for Constraint B is 0.Which of these statements is TRUE?

• A) You can change quantities of X and Y at no cost for Constraint B.
• B) For every additional unit of the objective function you create, you lose 0 units of B.
• C) For every additional unit of the objective function you create, the price of A rises by $7.50.
• D) The most you would want to pay for an additional unit of A would be $7.50.

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Definitions:

Hypothalamus

A region of the brain responsible for the regulation of certain metabolic processes and other activities of the Autonomic Nervous System, including temperature control, hunger, and thirst.

Hunger-Arousing Hormone

A hormone, such as ghrelin, that regulates hunger signals and stimulates appetite.

Hierarchy Of Needs

A theory in psychology proposed by Abraham Maslow that posits a five-tier model of human needs, ranging from basic (physiological) to more complex (self-actualization) needs.

Abraham Maslow

An American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.