​For an Objective Function Coefficient Change Outside the Range of Optimality

question 24

Short Answer

​For an objective function coefficient change outside the range of optimality, explain how to calculate the new optimal
solution. Must you return to the (revised) initial tableau?

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Definitions:

Output

The total amount of goods or services produced by a company, system, or economic process.

Marginal Product

The additional output that is produced by using one more unit of a particular input, ceteris paribus.

Fertilizer

A substance used to enhance the growth of plants and increase yield by supplying essential nutrients.

Bushels

A unit of volume that is used for quantities of dry commodities (such as grains or produce), where the capacity varies according to the commodity.