Question: One of the many linear programming applications is in doing cost - to - benefit analysis. The objective is to select a combination of benefits

One of the many linear programming applications is in doing cost-to-benefit analysis. The
objective is to select a combination of benefits so as to minimize the cost (premium) while satisfying all
the benefits goals.
The decision variables here are the levels of four activities (A1, A2, A3 and A4). The linear
programming formulation looks like as below:
Minimize Total Cost =2A1+ A2- A3+3A4
Subject to:
Benefit 1: 3A1+2A2-2A3+5A480
Benefit 2: A1- A2+A410
Benefit 3: A1+ A2- A3+2A430
A1, A2, A3, A4 are algreater than or equal to 0.
a. Solve this problem using Solver, and save results and sensitivity analysis. Write down and interpret
the solution

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