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A Simplex Matrix Is Given

question 76

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A simplex matrix is given. In this case the solution is complete, so identify the maximum value of f and a set of values of the variables that gives this maximum value. If multiple solutions may exist, indicate this and locate the next pivot. ​ A simplex matrix is given. In this case the solution is complete, so identify the maximum value of f and a set of values of the variables that gives this maximum value. If multiple solutions may exist, indicate this and locate the next pivot. ​   ​ A) The maximum value of f is 160 when   ,   And   )  B) The maximum value of f is 160 when   ,   And   )  C) The maximum value of f is 160 when   ,   And   )  D) The maximum value of f is 160 when   ,   )  Since multiple solutions are possible, pivot on 1 in R<sub>4</sub>C​<sub>4.</sub> E) The maximum value of f is 160 when   ,   )  Since multiple solutions are possible, pivot on 2 in R<sub>3</sub>C<sub>5</sub>​.


Definitions:

Marginal Costs

The increase in cost resulting from the manufacture of one plus unit of a good or service.

Fixed Costs

Costs that do not change with the level of output, remaining constant regardless of the scale of production or services provided.

Marginal Revenue

The additional income from selling one more unit of a good; sometimes equal to the price of the good.

Total Fixed Costs

The sum of all costs that remain constant regardless of the level of production or output in a business.

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