A Section of Output from the Management Scientist Is Shown

question 29

Multiple Choice

A section of output from The Management Scientist is shown here. 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:

Formal Order Releases

Official documents issued to authorize or initiate the production or procurement of items in a manufacturing or supply chain context.

Bill Of Material

A comprehensive list detailing the raw materials, parts, and components, along with the quantities of each, needed to manufacture a product.

Top Level

Top Level typically refers to the highest level of hierarchy or authority within an organization or system, often involving strategic decision-making responsibilities.

Dependent Demand

Demand for components or raw materials that is directly tied to the production schedules of finished goods.