A Section of Output from the Management Scientist Is Shown

question 35

Multiple Choice

A section of output from The Management Scientist is shown here. $$\begin{array} { c c c c } \frac { \text { Variable } } { 1 } & \frac { \text { Lower Limit } } { 60 } & \frac { \text { Current Value } } { 100 } & \frac { \text { Upper Limit } } { 120 }\end{array}$$ What will happen to the solution if the objective function coefficient for variable 1 decreases by 20?

• A)Nothing.The values of the decision variables, the dual prices, and the objective function will all remain the same.
• B)The value of the objective function will change, but the values of the decision variables and the dual prices will remain the same.
• C)The same decision variables will be positive, but their values, the objective function value, and the dual prices will change.
• D)The problem will need to be resolved to find the new optimal solution and dual price.

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Definitions:

Lawyers

Professionals who practice law, offering advice, and representation to clients in legal matters.

Collateral

Assets pledged by a borrower to secure a loan or credit, which the lender can seize if the borrower fails to repay the agreed amount.

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Financial instruments that represent an ownership position in a publicly-traded corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Net Worth

The value of all assets a person or corporation owns, minus the liabilities they owe; a measure of financial health.