Question: quantitative analysis The sensitivity output is below for a product mix problem in which there are two products and three resources constraints. In each case,

quantitative analysis The sensitivity output is

quantitative analysis

The sensitivity output is below for a product mix problem in which there are two products and three resources constraints. In each case, answer the following: NA X2 RHS Dual 50 1 200 2 3 45 Maze Con Consum 2 Constant Solutions 0 87 0 2 1 50 25 25 0 1.250 Vainable X1 X2 Constraint Constraint1 Constraint 2 Constant 3 Value 125 10 Dual Value 0 D 25 Reduced Cost 0 5 Slack/Surplus 20 112 Original Val 50 20 Onginal Val 45 87 Lower Bound 40 -Infinity Lower Bound 25 75 0 Upper Bound Infinity 25 Upper Bound Infinity Infinity 58 50 a How many units of product 1 and product 2 should be produced? b) How much of each of the three resources is being used? How much slack is there for each constraint? Which of the constraints are binding and which are nonbinding? c) What are the shadow prices for each resource? d) If you could obtain more of one of the resources, which one should you obtain? How much should you be willing to pay for this? e) What would happen to profit if, with the original output, management decided to produce one more unit for product2

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