Question: Please Answer B,C,D,E with steps, trying to see if I'm answering it correctly 2. (45 marks) A model has been formulated as: maximize7x1+3x2 subject to

correctly 2. (45 marks) A model has been formulated as: maximize7x1+3x2 subject Please Answer B,C,D,E with steps, trying to see if I'm answering it correctly

2. (45 marks) A model has been formulated as: maximize7x1+3x2 subject to (1) 8x1+2x232 (2) x1+5x225 (3) 6x121 (4) 4x1+5x230 x1,x20 (b) Perform a sensitivity analysis for each of the objective function coefficients. (c) Perform a sensitivity analysis for the right-hand-side values for each of the nonbinding constraints. (d) Find the AI (allowable increase) and AD (allowable decrease) for the righthand-side values for each of the two binding constraints. (e) For each of the two binding constraints, find the change to each variable as function of the right-hand side value, and from these relationships calculate the two shadow prices. 2. (45 marks) A model has been formulated as: maximize7x1+3x2 subject to (1) 8x1+2x232 (2) x1+5x225 (3) 6x121 (4) 4x1+5x230 x1,x20 (b) Perform a sensitivity analysis for each of the objective function coefficients. (c) Perform a sensitivity analysis for the right-hand-side values for each of the nonbinding constraints. (d) Find the AI (allowable increase) and AD (allowable decrease) for the righthand-side values for each of the two binding constraints. (e) For each of the two binding constraints, find the change to each variable as function of the right-hand side value, and from these relationships calculate the two shadow prices

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