- +44 141 628 6080
- info@tutorsglobe.com

Explain what is the optimal solution to this problem

Linear Programming: What is the Optimal Solution?

Considered the following LP Problem:

Maximize profit= 5x+6y

Subject to 2x+y<120

2x+3y<240

X,y>0

a) What is the optimal solution to this problem? Solve it graphically

b) If a technical breakthrough occurred that raised the profit per unit of x to $8 would this affect the optimal solution?

c) Instead of an increase in the profit coefficient X to $ 8, suppose that profit was overestimated and should only have been $3. Does this change the optimal solution?

Expected delivery within 24 Hours

1923789

Questions

Asked

3,689

Active Tutors

1449406

Questions

Answered

**
Start Excelling in your courses, Ask a tutor for help and get answers for your problems !! **

©TutorsGlobe All rights reserved 2022-2023.

## Q : Describe how the entrepreneurial orientation

Describe how the entrepreneurial orientation (EO) dimensions of innovativeness, proactiveness, and risk taking can be combined to create competitive advantage for a firm.