New profit margin based on the dual price changes

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Reference no: EM132223064

Consider the following linear program:

Max 3A + 2B

1A+1B<=10

3A+ 1B<=24

1A+2B<=16

A) Run the syntax for the LINDO results.

B) Assume that the objective function coefficient for A changes from 3 to 3.8 and the objective function coefficient for B changes from 2 to 1.2. Does the optimal solution change? Show the calculation based on 100% rule on objective function.

C) Assume that the right hand side of Constraint 2 changes from 24 to 28 and Constraint 3 changes from 16 to 14.5? Will the dual price change. Show the calculation based on 100% rules for the right hand side constraints. What will be the new profit margin based on the dual price changes?

Reference no: EM132223064

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