In: Operations Management
Given the linear program
Max 3x+4y
s.t. -x+2y≤8
x+2y≤12
2x+y≤16
x,y≥0
a. Write the problem in standard form. Identify slack/surplus variables.
b. List all the extreme points. You must write down the values for x and y for each extreme point.
c. Find the optimal solution by comparing the extreme points.
d. What are the values of the three slack/surplus variables at the optimal solution?
(B)
The co-ordinates of O is (0,0) the value of Z is 0
A is (0,4) the value of Z is 16
B is (2,5) the value of Z is 26
F is (6.6666,2.6666) the value of Z is 30.6667
H is (8,0) the value of Z is 24.
(C) The optimal value is given at F and its value is 30.667
(D) S1 = 8 + 6.66666 - 2(2.6666) = 9.3346
S2 = 12 - 6.6666 - 2 (2.666) = 0
S3 = 16 - ( 2 x 6.6666) - 2.6666 = 0
Value of Slack 1 is 9.3346 while value of Slack 2 and 3 at optimal solution is 0