Find the optimal soulution using the graphical soulution

Assignment Help Econometrics
Reference no: EM13177801

Consider the following linear programming problem

Min A+ 2B
s.t.
A + 4B< or equal to 21
2A + B > or equal to 7
3A + 1.5B < or equal to 21
-2A + 6B > or equal to 0
A, B > or equal to 0

a. Find the optimal soulution using the graphical soulution procedure and the value of the objective function

b.determine the amount of slack or surplus for each constraint
(dont worry about this problem it has been emitted from the homework but if you can help me to understand this I would greatly apprecaite it)

c. suppose the objective function is changed to max 5A+2B. Find the optimal solution and the value of the objective function.

Reference no: EM13177801

Questions Cloud

Determine the amount of slack or surplus : determine the amount of slack or surplus for each constraint (dont worry about this problem it has been emitted from the homework but if you can help me to understand this I would greatly apprecaite it) suppose the objective function is changed to ..
Define daily budget constraint without program participation : On the same graph, draw the daily budget constraint under AFDC for the single parent. According to AFDC, the family was given an income subsidy depending on family size and the family's benefit was reduced by $1 for every dollar earned. Suppose th..
Explain law to affect the average quality of teachers : Suppose a new law establishes a minimum teacher salary that is 20 percent higher than the prevailing salary. How would you expect this law to affect the average quality of teachers and the taxes paid by the typical household?
Show effect of the tax on the equilibrium wage nd employment : For each hour of work, the employer deducts $1 and sends the money to the city government. The initial wage (Before the tax) is $10, and total employment is 20,000 hours per day. Use a graph to show the effect of the tax on the equilibrium wage an..
Find the optimal soulution using the graphical soulution : .determine the amount of slack or surplus for each constraint (dont worry about this problem it has been emitted from the homework but if you can help me to understand this I would greatly apprecaite it) suppose the objective function is changed to..
Explain durable goods pricing : The monopoly sells two units of goods over two periods. The costs are zero. Consumer A has a valuation of 15 and Consumer B has a valuation of 10. Suppose the discount rate is ?=.8. If we allow Consumer B to have a valuation of k
Prepare a lease amortization schedule : Explain why Kevin Pte Ltd should treat this lease as a financial lease, prepare a lease amortization schedule for the entire lease period for the firm.
Determine the quick ratio for both companies : Determine the quick ratio for both companies, and interpret the quick ratio difference between the twocompanies.
Prepare journal entries to record the preceding transactions : Prepare journal entries to record the preceding transactions on Adjusto's books, including the adjusting entries at the end of 2007.

Reviews

Write a Review

Econometrics Questions & Answers

  Estimation of the mean and the standard deviation

The price earnings ratio for each stock is determined through dividing the value of a share of stock by the earnings per share reported by the firm for the most recent 4-quarters.

  What are the burdens of the public debt

Many people advocate taxing "the rich" to alleviate the debt problem but the truth is that taxes will have to be increased on all income earners. What macroeconomic impacts would you expect to see if taxes are raised "across the board"?

  What are positive and negative externalities

Explain the term demerit goods and give examples of this and what are externalities? What are positive and negative externalities?

  Forecasting services

When disparities exist from census information, housing starts data and other research data when seeking for information to help with predicting the power tool market

  Seasonal economic factors and cyclical economic factors

The United States is currently recovering from its bad recession in over twenty-five years. Applying the resource provided in this and earlier modules of course describe what factors or activities you think helped cause this economic condition.

  Explain what happens to the coefficient on coll

Explain what happens to the coefficient on coll in terms of its magnitude and its statistical significance when points , rebounds , and assists are added to the regression. Why do you think this happened?

  New deal finance speculation and turbulence

The United States was devastated through the Crash of 1929 and the following depression. What policies were enacted during the New Deal contain finance speculation and turbulence?

  Lnrgdpaus and briefly comment on the graphs

Plot the level and first difference of lnrgdpaus and briefly comment on the graphs and obtain the sample correlograms of the level and first difference of lnrgdpaus for 20 lags. What do they suggest to you?

  Discuss the current us federal budget

Discuss the current United States Federal Budget and what are the major categories of expenditures? What has changed since 2005? Explain your reasoning.

  Calculate gdp-ni and ndp

Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions. Category Value, Compensation of employees $216.2, U.S. exports of goods and services 19.8, Consumption of fixed capital 11.8,Gover..

  Regression analysis question

Regression analysis was used to estimate the given seasonal forecasting equation, D1 is a variable that is equal to one in 1st quarter and zero otherwise;

  Find the estimated elasticity of demand

A customer has provided information on the value of cars, the price of gasoline, the quantity of new cars sold in United States. Gross Domestic Product per capita is also observed.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd