Question: Answer the following questions using the sensitivity report shown below. a) Report the optimal solution and the objective function. what is the range of optimality

Answer the following questions using the
Answer the following questions using the sensitivity report shown below. a) Report the optimal solution and the objective function. what is the range of optimality for coefficient of x? (4 marks) b) Report the range of feasibility associated with each constraint and Explain what constraints are binding and which one(s) are non-binding. (5 marks) c) Will the optimal solution remain optimal if the coefficient of changes to 6? Explain (1 marks) d) If the coefficient of x changes to 5 and the coefficient of y changes to 3 simultaneously, will the optimal solution remain optimal? Explain (4 marks) Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease Type A 10 o 3 8 1 Type B B 5 0 5 2 5 Type C C 2 0 -6.5 2 6.5 1E+30 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease Wood 1 15 1 15 20 10 Steel 2 30 1.5 30 110 30 hours 3 15 0 70 1E430 55

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!