The Shadow Price for a Constraint That Expresses That the Availability

question 50

Multiple Choice

The shadow price for a constraint that expresses that the availability of wood is 3000 board-feet is $0.50, and the range of feasibility is between 2800 and 4000 board-feet.Which of the following is not correct?

• A)All 3000 board-feet of wood will be used.
• B)If only 2900 board-feet of wood are available, the optimal objective function value will be reduced by $50.
• C)If only 2900 board-feet of wood are available, the optimal solution will not change.
• D)If 6000 board-feet of wood are available, the objective function value will increase by at least $500.

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Definitions:

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