Question: Question Below is the formulation of a two variable linear program: 45X + 30Y + 1.5Y 400 Max Subject to: Constraint #1 Constraint #2 Constraint

Question Below is the formulation of a two

Question Below is the formulation of a two variable linear program: 45X + 30Y + 1.5Y 400 Max Subject to: Constraint #1 Constraint #2 Constraint #3 Constraint #4 Constraint #5 4X + 3Y 600 X 20 Y 2 25 + 4Y 720 a. Find the optimal decision and its objective function value. b. Which constraints are binding, which are non-binding, and what are their slacks/surpluses? c. What are the allowable increase and decrease of the coefficient of X in the objective function? d. Pick a binding constraint. Determine the shadow price and its allowable increase and decrease

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