Question: Given results after developing the excel LP and Solver: Question 4: Sensitivity Analysis (20 Points) Using the Excel Solver results in Table, address the following

Given results after developing the excel LP and

Given results after developing the excel LP and Solver: Question 4: Sensitivity Analysis (20 Points) Using the Excel Solver results in Table, address the following questions: Solver Sensitivity Report: Variable Cells What is the objective function and its optimal value? Cell What are the slack/surplus values for different constraints? Name Number produce Star Number produced Sharp $B$21 SCS21 Final Reduced Objective Allowable Allowable Value Cost Coefficient Increase Decrease 0 -10 10 10 1E-15 180 0 20 1E+30 20 Solver Constraints Allowable c. What happens to the optimal solution if the coefficient of Number produced Star changes to 30? Cell Name SBS25 Steel Amount Used $B$26 Titanium Amount Used $B$27 Labor Amount Used Final Shadow Constraint Value Price R.H. Side 1440 0 3500 180 0 350 360 20 360 Increase 1E+30 1E+30 Allowable Decrease 3500 200 360 40 d. What % of available Labor amount used can be decreased without it affecting the current (given) optimum solution? 20 minutes on slide 4 marks per question How much should the "Star" product unit profit of $10 be increased by so the manufacturer can produce them

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