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Help with a question for F5 paper.

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Help with a question for F5 paper.

Can someone help me on this question please:

If the objective function of a company using linear programming is 12M + 8N=Y and the constraints intersecting at the optimum point are as follows:

Material: 4M+2N < 240
Labour: 3M+2N < 190

What will be the shadow price of labour?

April 21st 2018 AN ACCA USER 310 Points

1 Reply

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Shadow price is 4

October 2nd 2018 AN ACCA USER 140 Points
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