What is the optimal objective function value for this problem?Variable CellsCellNameFinal ValueReduced CostObjective CoefficientAllowable IncreaseAllowable Decrease$B$6Activity 130302317$C$6Activity 260405010$D$6Activity 30–72071E+30 ConstraintsCellNameFinal ValueShadow PriceConstraint R.H. SideAllowable IncreaseAllowable Decrease$E$2Resource A207.78201012.5$E$3Resource B306305010$E$4Resource C180401E+3022 Group of answer choices$240$330It cannot be determined from the given information.$7.78$90

Consider the following integer linear programming model:Max Z = 5x1 + 6x2Subject to:17x1 + 8x2 ≤ 1363x1 + 4x2 ≤ 36x1, x2 ≥ 0 and integerWhat is the value of the objective function at the optimal solution?Hint: develop a simple integer programming model in Excel to solve this problem.

As a modification to the original formulation of problem 32a, assume that the production of Ohio farm is increased from 72 to 102. What would be the updated value of the objective function under these conditions?

Modelling a fixed cost problem as an integer linear program requiresGroup of answer choicesadding the fixed costs in the objective function.using 0-1 variables.using multiple-choice constraints.using LP Relaxation.

Classical Optimization TechniquesIn an Linear programming problem, the restrictions or limitations under which the objective function is to be optimized are calledans.Decision variablesNone of the aboveObjective functionConstraints Previous Marked for Review Next

What is the formula for the objective function based on the following: Profit per unit for type 1 is $70 and profit per unit for type 2 is $55. We want to maximize profit.Multiple Choice70x1 – 55x270x1 + 55x270x1 ÷ 55x270x1 ≥ 55x2