Question: Practice on Graphical Method on Sensitivity Analysis. 1.. The following linear programming formulation is given: Let Xj be the number of Product i produced, j=

Practice on Graphical Method on Sensitivity

Practice on Graphical Method on Sensitivity Analysis. 1.. The following linear programming formulation is given: Let Xj be the number of Product i produced, j= 1,2 Max Z= 3X1 + 4 X2 (Profit, in hundred $) Subject to 3 X; + 2 X2 0 Answer the following questions with the help of the graph provided. a) What is the optimal number of Product 1 and Product 2 to be produced? b) What is the maximum amount you will pay for an additional unit of Material B? How many additional units of Material B would you buy if the price is right? ! *1*3 37 + 2x2= % (MA) 8 7 5 3 2 = X++2X 2 (MatB) 7 0 2 3 7 15

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