A Simplex Matrix Is Given

question 29

Multiple Choice

A simplex matrix is given. In this case, the solution is complete, so identify the maximum value of f and a set of values for 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 82 when , and .
• B) The maximum value of f is 82 when , and .
• C) The maximum value of f is 82 when , . Since multiple solutions are possible, pivot on 2 in R₁C₃.
• D) The maximum value of f is 82 when , . Since multiple solutions are possible, pivot on 1 in R₁C₄.​
• E) The maximum value of f is 82 when , . Since multiple solutions are possible, pivot on 1 in R₂C₄.​

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Definitions:

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), assuming all inputs are used efficiently.

Unemployment Rate

The share of the working group that is currently without a job and actively on the lookout for one.

Specializing Exclusively

Involves focusing production or economic activities on a single area or product to maximize efficiency and expertise.

Recession

A momentary economic deflationary period, seen in reduced levels of trade and manufacturing, commonly characterized by a GDP drop for two sequential quarters.