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The document discusses the range of optimality and feasibility for planting wheat and rye. The profit per acre for wheat can vary from $150 to $600 and for rye from $250 to $1000. The total costs can be between $900 and $1800, with wheat and rye acres ranging from -1e+30 to 8 acres and time needed from 9 to 18 hours.

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Anj Cureg
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18 views1 page

Eee

The document discusses the range of optimality and feasibility for planting wheat and rye. The profit per acre for wheat can vary from $150 to $600 and for rye from $250 to $1000. The total costs can be between $900 and $1800, with wheat and rye acres ranging from -1e+30 to 8 acres and time needed from 9 to 18 hours.

Uploaded by

Anj Cureg
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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• Range of Optimality o The profit per acre of Wheat can vary from $150 (lower limit) to $600 (upper

limit). o The profit per acre of Rye can vary from $250 (lower limit) to $1,000 (upper limit). o It indicates
that: a) Change in the profit/acre of Wheat from $150 to $600 will not affect the optimal solution. b)
Change in the profit/acre of Rye from $250 to $1,000 will not affect the optimal solution. *although
optimal solution does not change for changes within the range of optimality, the optimal value still
varies. • Range of Feasibility o The total cost of the plantation may vary from $900 (lower limit) to
$1,800 (upper limit) o The minimum no. of acres to plant wheat and rye may vary from −1𝑒 + 30 or
negative infinity (lower limit) acres to 8 acres (upper limit). o The time needed to plant wheat and rye
may vary from 9 hours (lower limit) to 18 hours (upper limit). o The maximum no. of acres to plant
wheat and rye may vary from 8 acres (lower limit) to 1𝑒 + 30 or positive infinity acres (upper limit). o It
indicates that: a) The shadow price is still applicable/valid for changes of the Right Hand-Side (RHS) of
the equation within the range of feasibility. b) The optimal solution and optimal value of the problem
vary even if the fluctuations of the RHS are within the range of feasibility.

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