Question: Implement the following L P problem i n a spreadsheet. Use Solver t o solve the problem and create a Sensitivity Report. Use this information

Implement the following LP problem in a spreadsheet. Use Solver to solve the problem and create a Sensitivity Report. Use this
information to answer the following questions:
MAX: 4x1+4x2
Subject to: 2x1+4x220
3x1+5x215
x1,x20
(a) What range of values can the objective function coefficient for variable x1.x1 can decrease by
or increase by
without changing the optimal solution.
(b)Is the optimal solution to this problem unique, or are there alternate optimal solutions?
None of the allowable increase or decrease values for the objective coefficients are zero, so the optimal solution
is unique.
We cannot determine if the optimal solution is unique based on our sensitivity report because the solution is
degenerate.
None of the allowable increase or decrease values for the RHS values are zero, so the optimal solution is
unique.
Some of the allowable increase or decrease values for the RHS values are zero, so there are alternate optimal
solutions.
Some of the allowable increase or decrease values for the objective coefficients are zero, so there are alternate
optimal solutions.
(c) How much does the objective function coefficient for variable x2 have to increase before it enters the optimal solution ata
strictly positive level? (Round your answer to three decimal places.)
(d) What is the optimal objective function value ifx2 equals 1?(Round your answer to three decimal places.)
(e) What is the optimal objective function value if the RHS value for the second constraint changes from 15to20?(Round your
answer to three decimal places.)
(f)Is the current solution still optimal if the coefficient for x2in the second constraint changes from 5to1? Explain. (Round
your answer to three decimal places.)
Ifwe change this coefficient from 5to1, then the new reduced cost for x2 for our current solution would be
. Therefore, itbe profitable to increase the value ofx2 and the current solution would
be optimal.
 Implement the following LP problem in a spreadsheet. Use Solver to

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!