Question: 5) Answer the following questiohs using the sensitivity report shown below: (10 min) a) Report the optimal value of the objective function, what is the

5) Answer the following questiohs using the
5) Answer the following questiohs using the sensitivity report shown below: (10 min) a) Report the optimal value of the objective function, what is the range of optimality for coefficient of y? (6 marks) b) Calculate the amount of slack/surplus associated with each constraint and determine what constraints are binding and which one(s) are non-binding? (5 marks) Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient increase Decrease C) How much profit is expected if Type Ax 10 0 3 8 1 the coefficient of x changes to 8? Type By 5 0 5 2. 5 Explain? (4 marks) Type Cz 0 -2.5 8 1E+30 4.5 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease Wood 1 25 1 25 20 10 Steel 2 40 60 80 10 hours 3 35 0 70 1E+30 55 1.5

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