Given the Following Linear Programming Problem Using the Simplex Method, What Is the Value for S₂

question 60

Short Answer

Given the following linear programming problem:
$\begin{array} { l l } \operatorname { maximize } & \mathrm { Z } = \$ 100 x _ { 1 } + 80 x _ { 2 } \\\text { subject to } & x _ { 1 } + 2 x _ { 2 } \leq 40 \\& 3 x _ { 1 } + x _ { 2 } \leq 60 \\& x _ { 1 } , x _ { 2 } \geq 0\end{array}$
Using the simplex method, what is the value for S₂ in the optimal tableau?

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Definitions:

Journal Entries

The method by which financial transactions are recorded in an accounting system, involving a debit to one or more accounts and a credit to one or more accounts.

Significant Influence

The power to participate in the financial and operating policy decisions of an investee, but not control those policies; often evidenced by ownership of 20% to 50% of the voting shares of the investee.

Fair Value

The revenue generated from selling an asset or the charge for relocating a liability in a formal trade between market counterparts at the appraisal time.

Journal Entries

Records that note the details of financial transactions in accounting, following the double-entry bookkeeping method.