Instead of the increase in the profit coefficient x1 to 3

Reference no: EM13389784

Consider the following LP problem developed at Jeff Spencer's San Antonio optical scanning firm:

Maximize profit = $1 X₁+ $1 X₂
Subject to: 2X₁ + 1X₂ ≤100

1X₁+ 2 X₂ ≤100

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

If a technical break through occurred that raised the profit per unit of X₁to$3, would this affect the optimal solution?

Instead of an increase in the profit coefficient X₁, to $3, suppose that profit was overestimated and should only have been $1.25. Does this change the optimal solution?

Reference no: EM13389784

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