Question: QUESTION 5: Sensitivity Analysis (25 Points) Allowable The following linear programming problem has been solved by Excel's Solver. Use the output to answer the questions.

QUESTION 5: Sensitivity Analysis (25 Points)

QUESTION 5: Sensitivity Analysis (25 Points) Allowable The following linear programming problem has been solved by Excel's Solver. Use the output to answer the questions. Consider the following linear program: Variable Cells Final Reduced Objective Allowable Name Value Cost Coefficient Increase X1 2.4 0 3 5 Decrease 1.67 MAX 3x1 + 4x2 X2 3.2 0 4 5 2.5 s.t. x1 + 3x2 0 3 4 0.6 a. What is the optimal solution including the optimal value of the objective function? b. Suppose the profit on xi is increased to $7. Is the above solution still optimal? C. If simultaneously the profit on xi was raised to $5.5 and the profit on x2 was reduced to $3, would the current solution still remain optimal

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