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Determine the shadow price for constraint

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Reference no: EM132920495

Consider the linear problemMax 3A + 2bst 1A + 1B ≤ 103A + 1B ≤ 241A + 2B ≤ 16A, B ≥ 0

The value of the objective function is 27. Suppose that the right-hand side for constraint

1 is increased from 10 to 11. Use the graphical solution procedure to nd the new optimal solution. Use the graphical solution to part (1) to determine the shadow price for constraint 1

Reference no: EM132920495

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