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What is the slack of the first two constraints

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Reference no: EM132691665

Consider the following linear program: Max x1 2s.t. 4x1 2 2x1 2 x2 x1 x2

+ 10x

+ 3x≤ 36

+ 4x≤ 40

≥ 3

≥ 0

≥ 0

A) Represent the constraints and the feasible region on a two-dimensional graph.

B) Draw the isoprofit lines and identify the optimal solution graphically.

C) What is the slack of the first two constraints? Which constraints are binding at the optimal solution?

D) Calculate the shadow price of the first 2 constraints. Explain.

Reference no: EM132691665

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