Question: 1 4 . 8 - Consider the following resource - allocation problem that has the objective of maximizing the total profit from the two activities.
Consider the following resourceallocation problem that has the objective of maximizing the total profit from the two activities.
Resouce Usage Per Unitof Each Activity
Resource Activity Amount of Resouce Available
A
B
C
Unit Profit $ Million $ Million
a Formulate and solve a spreadsheet model for this problem. Also obtain the sensitivity report.
b Explain why this sensitivity report indicates that the problem has other optimal solutions in addition to the one found in part a Alter the spreadsheet slightly as needed to find another optimal solution with Solver.
c Since the optimal solutions found in parts a and b are both corner points Solver only considers corner points describe how these solutions can be used to find other optimal solutions.
d Use the graphical method to find all optimal solutions.
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