Question: 2 . Run a sensitivity report. Answer the following on a Word document: 3 . What is the allowable range for sandals? 4 . What

2. Run a sensitivity report.
Answer the following on a Word document:
3. What is the allowable range for sandals?
4. What is the allowable range for boots?
5. Without using Excel, explain what would happen to the optimal solution if the profit for sandals increased by $20.
6. Without using Excel, explain what would happen to the optimal solution if the profit for boots increased by $50.
7. Why is What If Analysis important for managers to understand in the decision-making process?
8. Describe a constraint that could be added to this problem that would make it non-linear.
One person should submit both the Excel file and the Word doc.

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