Question: Consider the following linear program: Variables: Where, x 1 is the number of units of Product 1 produced. Where, x 2 is the number of
Consider the following linear program:
Variables:
Where, x is the number of units of Product produced.
Where, x is the number of units of Product produced.
Objective:
Minimize Cost
Constraints:
Constraint : xx
Constraint : xx
Constraint : x
Nonnegativity: x x
The following Solver sensitivity analysis was generated:
a What is the optimal solution in number of units based on the sensitivity report above? mark
b Provide the formula of the objective function based on the table above and solve the objective function to determine the optimal value points
c Is it possible to determine the optimal value of the objective function if the coefficient of x changes from to and the coefficient of x changes from to What is the effect on the optimal value as a result of these changes? points
d What will happen to the optimal value of the objective function if the objective function if Constraint # was increased from to Interpret this change. point
e What will happen to the optimal value of the objective function if Constraint # was increased from to Interpret this change. point
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