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Chapter 6s questions.doc

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Department
Business
Course
BUSI 2301
Professor
All Professors
Semester
Winter

Description
Review Questions Q230181Define andor describe Decision variableObjective functionConstraintParameterFeasible solution spaceRedundant constraintBinding constraintSlacksurplusSensitivity AnalysisRange of optimalityRHS valueShadow priceRange of feasibility2List and describeThe assumptions of linear programmingThe graphical solution methodHow to plot a constraintHow to plot the objective functionHow to calculate optimal decision variables3Define and describe the difference betweenMaximization and minimization graphical solutions4CalculationaIf the Allowable Increase and Decrease was 1020 for constraint A 105 for constraint B is a combination of an increase of 5 for A and a decrease of 5 for B within the Range of Feasibility Why or why not Explain what implications if any would follow bSolve this proble
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