Question: Problem 4 : Implement the following LP model in a spreadsheet. Use Solver to solve the problem and create a Sensitivity Report. Use this information
Problem : Implement the following LP model 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: XX
XX
X X
a Which of the constraints are binding at the optimal solution?
b Is the optimal solution to this problem unique, or is there an alternate
optimal solution?
c What is the optimal solution to this problem if the value of the objective
function coefficient for variable Xis zero?
d How much can the objective function coefficient for variable X
decrease before changing the optimal solution?
e Given the objective in this problem, if management could increase the
RHS value for any of the constraints for identical costs, which would you
choose to increase and why
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