Question: Consider the following sensitivity report. Do not try to recreate the optimization. Only answer the questions using the information provided in the sensitivity report. Variable

Consider the following sensitivity report. Do not try to recreate the optimization. Only answer the questions using the information provided in the sensitivity report.

Variable Cells

Final

Reduced

Objective

Allowable

Allowable

Cell

Name

Value

Cost

Coefficient

Increase

Decrease

$B$4

Solution Value X

2.00

0.00

4.00

1.00

1.50

$C$4

Solution Value Y

4.00

0.00

5.00

3.00

1.00

Constraints

Cell

Name

Final Value

Shadow Price

Constraint R.H. Side

Allowable Increase

Allowable Decrease

$D$7

Labor

10.00

1.00

10.00

2.00

2.00

$D$8

Material

36.00

0.50

36.00

4.00

6.00

$D$9

Storage

32.00

0.00

40.00

1E+30

8.00

$D$10

Admin Support

15.00

0.00

20.00

1.00

3.00

Explain the implications of the following actions. Each question is independent of the other questions.

You acquire 2 additional pounds of material.

You acquire 1.5 additional hours of labor.

You give up 1 hour of labor and get 1.5 pounds of material.

The profit contributions of both products X and Y are changed to $4.75 each.

Name the binding constraint(s).

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