Question: 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
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: XX Subject to: X XX; X Xge a What range of values can the objective function coefficient for variable X assume without changing the optimal solution? toV b Is the optimal solution to this problem unique, or are there alternate optimal solutions? I. Unique. Only available solution. II Not unique One alternative solution. III. Not unique. Two alternative solutions. I c How much does the objective function coefficient for variable X have to increase before it enters the optimal solution at a strictly positive level? Round your answer two decimal places. It has to increase by at least d What is the optimal objective function value if X equals Round your answer to two decimal places. e What is the optimal objective function value if the RHS value for the second constraint changes from to Round your answer to two decimal places.
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