MCQOPTIONS
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| 1. |
A company manufactures products P and Q in quantities x1 and x2, respectively, using two resources. The following Linear Programming Problem (LPP) is formulated to maximize the profit Z.Maximize Z = 3x1 + 2x2subject to x1 + 2x2 ≤ 2 (for Resource 1)2x1 + x2 ≤ 2 (for Resource 2)and x1, x2 ≥ 0The shadow price for Resource 2 is |
| A. | 0 |
| B. | 2/3 |
| C. | 1 |
| D. | 4/3 |
| Answer» E. | |