Question: Reference the following sensitivity report to answer the questions: Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$ 5

Reference the following sensitivity report to answer the questions:
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$5 Number to Make Chair 0-2302402301E+30
$C$5 Number to Make Table 100720180120
$D$5 Number to Make Armoire 150600120120
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$E$9 Assembly Minutes Used 3600203600400600
$E$10 Finishing Minutes Used 20004.52000400400
$E$11 Wood Pounds Used 3600040001E+30400
1) What is the optimal solution?
2) Suppose the profit per table changed to $950. Will the optimal solution change, and what can be said about the effect on total profit? Why/why not? Will the total profit change? If so, by how much?
3) Suppose the profit per table changed to $800. Will the optimal solution change, and what can be said about the effect on total profit? Why/why not? Will the total profit change? If so, by how much?
4) Suppose there are 300 less minutes available for Assembly. What can be said about the effect on total profit? If so, by how much?
5) Suppose the company had an opportunity to acquire 500 minutes of Finishing capacity for a total cost of $2300. Should they do so? Explain.

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