Question: 4. (40 pts.) Consider the following the linear programming model. Mar 12X1 + 18X2 + 15X3 8.t. 5X1 + 4X2 +3X3 0 (X= quantity of

4. (40 pts.) Consider the following the linear
4. (40 pts.) Consider the following the linear programming model. Mar 12X1 + 18X2 + 15X3 8.t. 5X1 + 4X2 +3X3 0 (X= quantity of product i to make, i = 1, 2, 3). a) (10 pts. Find the optimal solution of this LP problem. b) (5 pts.) Are any constraints binding? If so, which one(s)? c) (5 pts.) If the profit on product 3 were changed to $22 a unit, what would the values of the decision variables be? The objective function? Explain. d) (5 pts.) If the profit on product 1 were changed to $22 a unit, what would the values of the decision variables be? The objective function? Explain. e) (5 pts.) If 10 hours less of labor time were available, what would the values of the decision variables be? The objective function? Explain. f) (5 pts.) If the manager decided that as many as 20 units of product 2 could be produced (instead of 16), how much additional profit would be generated? g) (5 pts.) If profit per unit on each product increased by S1, would the optimal values of the decision variables change? Explain. What would the optimal value of the objective function be

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