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Use the Following Management Scientist Output to Answer the Questions

question 12

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Use the following Management Scientist output to answer the questions.
MIN 4X1+5X2+6X3
S.T.
1)X1+X2+X3<85
2)3X1+4X2+2X3>280
3)2X1+4X2+4X3>320
Objective Function Value = 400.000
Use the following Management Scientist output to answer the questions. MIN 4X1+5X2+6X3 S.T. 1)X1+X2+X3<85 2)3X1+4X2+2X3>280 3)2X1+4X2+4X3>320 Objective Function Value = 400.000      OBJECTIVE COEFFICIENT RANGES    RIGHT HAND SIDE RANGES     a.What is the optimal solution,and what is the value of the profit contribution? b.Which constraints are binding? c.What are the dual prices for each resource? Interpret. d.Compute and interpret the ranges of optimality. e.Compute and interpret the ranges of feasibility. Use the following Management Scientist output to answer the questions. MIN 4X1+5X2+6X3 S.T. 1)X1+X2+X3<85 2)3X1+4X2+2X3>280 3)2X1+4X2+4X3>320 Objective Function Value = 400.000      OBJECTIVE COEFFICIENT RANGES    RIGHT HAND SIDE RANGES     a.What is the optimal solution,and what is the value of the profit contribution? b.Which constraints are binding? c.What are the dual prices for each resource? Interpret. d.Compute and interpret the ranges of optimality. e.Compute and interpret the ranges of feasibility. OBJECTIVE COEFFICIENT RANGES
Use the following Management Scientist output to answer the questions. MIN 4X1+5X2+6X3 S.T. 1)X1+X2+X3<85 2)3X1+4X2+2X3>280 3)2X1+4X2+4X3>320 Objective Function Value = 400.000      OBJECTIVE COEFFICIENT RANGES    RIGHT HAND SIDE RANGES     a.What is the optimal solution,and what is the value of the profit contribution? b.Which constraints are binding? c.What are the dual prices for each resource? Interpret. d.Compute and interpret the ranges of optimality. e.Compute and interpret the ranges of feasibility. RIGHT HAND SIDE RANGES
Use the following Management Scientist output to answer the questions. MIN 4X1+5X2+6X3 S.T. 1)X1+X2+X3<85 2)3X1+4X2+2X3>280 3)2X1+4X2+4X3>320 Objective Function Value = 400.000      OBJECTIVE COEFFICIENT RANGES    RIGHT HAND SIDE RANGES     a.What is the optimal solution,and what is the value of the profit contribution? b.Which constraints are binding? c.What are the dual prices for each resource? Interpret. d.Compute and interpret the ranges of optimality. e.Compute and interpret the ranges of feasibility.
a.What is the optimal solution,and what is the value of the profit contribution?
b.Which constraints are binding?
c.What are the dual prices for each resource? Interpret.
d.Compute and interpret the ranges of optimality.
e.Compute and interpret the ranges of feasibility.

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Definitions:

Declared Dividends

Dividends announced by a company's board of directors to be paid to shareholders, often as a share of the company's earnings.

Sleep

A natural, reversible state of reduced responsiveness to external stimuli and relative inactivity, accompanied by complex and predictable changes in physiology.

Ideal Number

A mathematical concept regarding certain integers in number theory, or can refer to an optimal value or condition in various contexts.

Risk Factor

Any attribute, characteristic, or exposure of an individual that increases the likelihood of developing a disease or injury.

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