Math Problem Statement

What would be the value of the objective function (i.e. total revenue) at the optimal solution if total available hours for finishing was 100 hours, as opposed to 110 hours given in the original problem scenario?

$14,708.98

$13,722.49

$12,756.00

The reports are not sufficient to tell

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Programming
Optimization
Objective Function
Constraints

Formulas

Objective function: Maximize total revenue = c1 * x1 + c2 * x2 + ... + cn * xn
Constraint: Finishing hours ≤ 100

Theorems

Fundamental theorem of linear programming
Sensitivity analysis

Suitable Grade Level

Undergraduate level or advanced high school level (Grades 11-12)