Question: Consider the following sensitivity report: Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $C$ 5 # 2 0 7

Consider the following sensitivity report:
Variable Cells
Final
Reduced
Objective
Allowable
Allowable
Cell
Name
Value
Cost
Coefficient
Increase
Decrease
$C$5
#
2
0
70
10
40
$D$5
#
4
0
30
53
5
Constraints
Final
Shadow
Constraint
Allowable
Allowable
Cell
Name
Value
Price
R.H. Side
Increase
Decrease
$E$9
#
900
32
900
200
300
$E$10
#
2400
2
2400
200
800
$E$11
#
660
0
700
630
40
$E$12
#
180
0
280
180
480
1) How many decision variables are in the problem? (2 point)
2) How many constraints are in the problem? (2 point)
3) Which constriants are binding constriants? Why? (2 point)
4) What is the minimum value of the coefficient of the first variable in the objective function without changing the current solution? Show the details of your answer. (2 point)
5) What is the value of the objective function of the current solution? Show the details of your answer. (4 points)
6) The manager of the corporation wants to introduce a new product that consumes one unit of each resource. The selling price of the product would be $35. Is producing this product profitable? Show the details of your answer. (4 points)

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