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 marks
b Explain the reduced cost of Frame marks
Answer the WhatIf questions and provide all the details you used. If it is available, provide also value changes.
c WhatIf the objective coefficient of "Product is marks
d WhatIf the objective coefficient of "Product is marks
e WhatIf the RHS value of the "Labor" constraint is marks
f WhatIf the RHS value of the "Plastic" constraint is marks
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