Question: Assume that you have just built a linear programming problem model, executed it using Excel Solver, and obtained the sensitivity report given below. The case

Assume that you have just built a linear programming problem model, executed it using Excel Solver, and obtained the sensitivity
report given below. The case is a maximization problem. Please answer the questions according to the sensitivity report given below.
a. Explain the optimal solution (Values of the decision variables and the total cost).[5 marks]
b. Explain the reduced cost of Frame 4.[5 marks]
Answer the What-If questions and provide all the details you used. If it is available, provide also Z value changes.
c. What-If the objective coefficient of "Product 2" is 4?[5 marks]
d. What-If the objective coefficient of "Product 4" is 1?[5 marks]
e. What-If the RHS value of the "Labor" constraint is 2500?[5 marks]
f. What-If the RHS value of the "Plastic" constraint is 7500?[5 marks]

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