Question: Discuss the role of sensitivity analysis in Linear Programming (LP.) 500 words. Under what circumstances is it needed, and under what conditions do you think

Discuss the role of sensitivity analysis in Linear Programming (LP.) 500 words. Under what circumstances is it needed, and under what conditions do you think it is necessary? Please discuss the meaning of the upper bound and lower bound within the context of sensitivity analysis. Please include at least one illustration of the application of sensitivity analysis. You may supplement with a worksheet or include the numerical example within the body of your discussion

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