MGMT 430 Sensitivity Analysis Assignment - Week 2 - Dropbox 3 Reference the following sensitivity report to answer the questions: Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$5 Number to Make Chair 0 -230 240 230 1E+30 $C$5 Number to Make Table 10 0 720 180 120 SD$5 Number to Make Armoire 15 0 600 120 120 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease SE$9 Assembly Minutes Used 3600 20 3600 400 600 SE$10 Finishing Minutes Used 2000 4.5 2000 400 400 $E$11 Wood Pounds Used 3600 4000 1E+30 400 1) What is the optimal solution? 2) Suppose the profit per table changed to $950. Will the optimal solution change, and what can be said about the effect on total profit? 3) Suppose the profit per table changed to $800. Will the optimal solution change, and what can be said about the effect on total profit? 4) Suppose there are 300 less minutes available for Assembly. What can be said about the effect on total profit? 5) Suppose the company had an opportunity to acquire 500 minutes of Finishing capacity for a total cost of $2300. Should they do so? Explain