In the model x1 x2 and x3 are the number of units of three


In the model X1, X2, and X3 are the number of units of three products or services to make. The constraints are: machine time (minutes), labor (hours), budget (in $), and a limit on the number of units of X3. The objective is to maximize profit. Note: assume that fractional results are allowed. Max profit = 22X1 + 20X2 + 10X3 s.t. Machine time: 8X1 + 3X2 + 4X3 <= 111 minutes Labor: 2X1 + 9X2 + 3X3 <= 300 hours Budget: 1X1 + 5X2 + 2X3 <= $190 Product 3: X3 <= 20 units a. What are the optimal solution and its profit? 6.66667, TP = 133.33 b. Which of the constraints are tight? Which are not tight? For those not tight, how much resource is left-over? P3 is tight. c. Give the range of values for the per unit profit on each product X1, X2, and X3 for which the current solution remains optimal. Please show your work. 

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Applied Statistics: In the model x1 x2 and x3 are the number of units of three
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