Question: Answer the following question using the output below. The profit on Strawberry Ice Cream (S) has increased from $1.25 to $2.50. Determine the new objective

Answer the following question using the output

Answer the following question using the output below. The profit on Strawberry Ice Cream (S) has increased from $1.25 to $2.50. Determine the new objective function value. Variable Cells Final Reduced Objective Allowable Allowable Variable Name Value Cost Coefficient Increase Decrease Chocolate Ice Cream 560 0 1 0.250 0.107 S Strawberry 240 Ice Cream 0 1.25 1.150 3.250 Constraints Final Shadow Constraint Allowable Allowable Number Name Value Price R.H. Side Increase Decrease 1 Milk 4480 0.125 4480 1120 160 2 Labor 1920 0 2080 1E+30 160 3 Inspection 1600 0.188 1600 40 320 O Must recalculate. Change exceeded the range of optimality Must recalculate. Change exceeded the range of feasibility O $1140 O $860 $1000

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