Maximize Z = 3x₁ + 10x₂ subject to x₁ + 2x₂ ≥ 8 4x₁ + 5x₂ = 30 ≤ 5 X1 and x₁ ≥ 0, x₂ ≥ 0. (a) Convert the problem to the form of: Max Z=..., subject to all functional constraints in "<". (b) Find the dual problem of this problem.
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- For the remaining questions, consider the following problem description: An oil company is considering exploring new well sites S₁, S2, ..., S10 with respective costs C1, C2, C10. And in particular they want to find the least-cost selection of 5 out of the 10 possible sites. The binary decision variables x₁,x2,..., X10 denote the decision to explore the corresponding site.1. If constraint has a shadow price of $6, Right-Hand-Side (RHS) is 12, allowable increase is 2, allowable decrease is 4. How would objective function change if the RHS of this constrains changes from 12 to 9? Answer___________Show that any 2 *2 matrix A that does not have aninverse will have det A= 0.
- Suppose we are solving a maximization problem andthe variable xr is about to leave the basis.a What is the coefficient of xr in the current row 0?b Show that after the current pivot is performed, thecoefficient of xr in row 0 cannot be less than zero.c Explain why a variable that has left the basis on agiven pivot cannot re-enter the basis on the next pivot.Innis Investments manages funds for a number of companies and wealthy clients. The investment strategy is tailored to each client's needs. For a new client, Innis has been authorized to invest up to $1.2 million in two investment funds: a stock fund and a money market fund. Each unit of the stock fund costs $50 and provides an annual rate of return of 10%; each unit of the money market fund costs $100 and provides an annual rate of return of 4%. The client wants to minimize risk subject to the requirement that the annual income from the investment be at least $60,000. According to Innis' risk measurement system, each unit invested in the stock fund has a risk index of 8, and each unit invested in the money market fund has a risk index of 3. The higher risk index associated with the stock fund simply indicates that it is the riskier investment. Innis's client also specified that at least $300,000 be invested in the money market fund. Refer to the computer solution shown below. Optimal…Show that if the right-hand side of the ith constraint isincreased by a small amount bi (in either a maximizationor minimization problem), then the optimal z-value for (11)will increase by approximately Σim i1 (bi)i.
- Consider the following Pareto maximization problem with decision variables x and y: vmax (x2 + x, - 2y) s.t. 0< x< 10 0< y< 5. What is the unique efficient point for this problem? (0,0) (10,5) (10,0) (110,0). Consider the following linear programming problem: Maximize 12X + 10Y Subject to: 4X + 3Y = 480 2X + 3Y 360 all variables 20 Which of the following points (X,Y) is not feasible? a (70,70) b. (20,90) c. (100,10) d. (0,100) كلا أجرب الأرقام بالـؤالFind the dual of the problem.
- Solve the following Linear Programming model using the graphical method (USING EXCEL){Write the steps of construction} Q1)MaximizeH = x + 3y Objective functionsubject tox + y ≤ 502x + y ≤ 60 x ≥ 0, y ≥ 0Consider the following LP problem: Min 6X+ 27Y Subject to : 2 X + 9Y => 25, and X + Y <= 75. Pick a suitable statement for this problem: a. X=37.5, Y=37.5 is the only optimal solution. b. Optimal Obj. function value is 75 c. X = 0, Y = 0 is the only optimal solution. d. Optimal Obj. function value is 0a.) Formulate a LP model of this problem