(All Steps) Consider the following LP problem: maximize earnings= $0.80X1 + $0.40X2 + $1.20X3 - $0.10X4 subject to: X1 + 2X2 + X3 + 5X4 Less than or equal
Question: Consider the following LP problem: maximize earnings= $0.80X1 + $0.40X2 + $1.20X3 - $0.10X4 subject to:
X1 + 2X2 + X3 + 5X4 Less than or equal to 150
X2 – 4X3 + 8X4 = 70
6X1 + 7X2 + 2X3 – X4 Greater than or equal to 120
X1, X2, X3, X4 Greater than or equal to zero
- Convert these constraints to equalities by adding the appropriate slack, surplus, or artificial variables. Also, add the new variables into the problem’s objective function.
- Set up the complete initial simplex tableau for this problem. Do not attempt to solve.
- Give the values for all variables in this initial solution.
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Solution: The downloadable solution consists of 2 pages
Deliverable: Word Document 