Question: Q 5 . Consider the following LP problem, in which x and Y denote the number of units of products x and Y to produce,
Q Consider the following LP problem, in which and denote the number of units of products and to produce, respectively.
Maximize profit $$
Subject to the constraints
labor available, in hours
material available, in pounds
storage available, in square feet
The Excel sensitivity report for the problem is shown below. Calculate and explain what will be the effect of each of the given changes. Each question is independent of the other questions.
Varable Cells
tableCellName,Final,Reduced,Objective,Allowable,AllowrableSalueCost,Coeflicient,Increase,Decrease,,SBS Solution value XSCS Solution value Y
Constraints
tableCellName,tableFinalValuetableShadowPricetableConstraintRH SidetableAllowableIncreasetableAllowableDecreaseSDSLabor,SDSMaterial,SDSStorage,
a Write the optimal solution and objective function value of the problem.
b You acquire additional pounds of material.
c You acquire additional hours of labor.
d You give up hour of labor and get pounds of material. What will be the effect of this combined change?
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