Question: Consider a resource-allocation problem having the following data: Resource Usage per Unit of Each Activity Resource 1 2 Amount of Resource Available 1 1 2

Consider a resource-allocation problem having the following data:

Resource Usage per Unit of Each Activity Resource 1 2 Amount of Resource Available 1 1 2 10 2 1 3 12 Unit profit $2 $5 The objective is to determine the number of units of each activity to undertake so as to maximize the total profit.

While doing what-if analysis, you learn that the estimates of the unit profits are accurate only to within ± 50 percent. In other words, the ranges of likely values for these unit profits are $1 to $3 for activity 1 and $2.50 to

$7.50 for activity 2.

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