optimal value of the objective function
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Consider the following linear programming problem:
Max 8X + 7Y
s.t. 15X + 5Y < 75
10X + 6Y < 60
X + Y < 8
X, Y ï?³ 0
a. Set up and solve using Management Scientist, Excel Solver, or an online LP solver.
b. What are the values of X and Y at the optimal solution?
c. What is the optimal value of the objective function?
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Solution Summary
The optimal value of the objective function is one determined element in this case.
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