Objective function changes


By using the tables illustrated below for remaining questions:

1219_Objective function changes.jpg

Question 1: If the coefficient for Activity 2 in the objective function changes to $400, then the objective function value:

a will increase by $7,500
b will increase by $2,750
c will increase by $100
d will remain the same
e can only be discovered by resolving the problem

Question 2: If the coefficient for Activity 1 in the objective function changes to $50, then the objective function value

a will decrease by $450
b is $0
c will decrease by $2750
d will remain the same
e can only be discovered by resolving the problem

Question 3: If the coefficient for Activity 2 in the objective function changes to $100, then

a the original solution remains optimal
b the problem must be resolved to find the optimal solution
c the shadow price is valid
d the shadow price is not valid
e none of the above

Question 4: If the right hand side of resource b changes to $80, then the objective function value:
a will decrease by $75
b will decrease by $150
c will decrease by $225
d will remain the same
e can only be discovered by resolving the problem

Question 5: If the objective coefficients of activity 2 and activity 3 are both decreased by $100, then
a the original solution remains optimal
b the optimal solution may or not may remain the same
c the optimal solution will change
d the shadow prices are valid
e none of the above

Question 6: If the right hand side of Resouce C changes to $130 then:

a the original solution remains optimal
b the problem must be resolved to find the optimal solution
c the shadow price is valid
d the shadow price is not valid
e none of the above

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Other Management: Objective function changes
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