XYZ can manufacture three products. Each product consists totally of raw material 1 and raw material 2. The compositions of each product and the profit earned from each product are shown in the table below. Fifty board feet of raw material 1 and 100 kg of raw material 2 are available. After defining x_i to be the number of product i manufactured, XYZ should solve the following LP:
Product | Raw material 1 | Raw material 2 | Profit (Cents)
1 | 1 | 2 | 3
2 | 1 | 3 | 7
3 | 1 | 1 | 5
max z = 3x_1 + 7x_2 + 5x_3
s.t. x_1 + x_2 + x_3 <= 50
2x_1 + 3x_2 + x_3 <= 100
x_1, x_2, x_3 >= 0
After adding slack variables s_1 and s_2, the optimal tableau is as shown in the next table. Using this optimal tableau, answer the following questions:
z | x_1 | x_2 | x_3 | s_1 | s_2 | RHS
1 | 3 | 0 | 0 | 4 | 1 | 300
0 | 1/2 | 0 | 1 | 3/2 | -1/2 | 25
0 | 1/2 | 1 | 0 | -1/2 | 1/2 | 25
a) For what values of Product 1 profit, does the current basis remain optimal? If the profit for a Product 1 were 7¢, what would be the new optimal solution to XYZ's problem?
b) If 60 board feet of raw material 1 were available, what would be XYZ's profit? How many of each product should the company make?