Question: . ( a ) What are the ranges of optimality for the profit of Product 1 , Product 2 , Product 3 , and Product
a What are the ranges of optimality for the profit of Product Product Product and Product
b Find the shadow prices of the three constraints and interpret their meanings. What are the ranges in which each of these shadow prices is valid?
c If the profit contribution of Product changes from $ per unit to $ per unit, what will be the optimal solution? What will be the new total profit? Note: Answer this question by using the sensitivity results given above. Do not solve the problem again
d Which resource should be obtained in larger quantity to increase the profit most? Note: Answer this question using the sensitivity results given above. Do not solve the problem again
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