Sensitivity Analysis. See Sensitivity Media Selection file attached for your problem information. Answer the following questions:

1) What is the range of optimality for each product?

2) What is the reduced cost for those listed and what do they mean?

3) What is the range of feasibility for each constraint?

4) What is the shadow price for any listed and what do they mean?

5) Develop a multiple change equation for the objective coefficients (function) ie top part of the sensitivity report and determine if it is feasible.

Develop a multiple change equation for the constraints ie bottom part of the sensitivity report and determine if it is feasible.

: 8-6 Eddie Kelly is running for reelection as mayor of a small town in Alabama. Jessica Martinez, Kelly's campaign manager during this election, is planning the marketing campaign, and there is some stiff competition. Martinez has selected four ways to advertise: television ads, radio ads, billboards, and newspaper ads. The costs of these, the audience reached by each type of ad, and the maximum number available are shown in the following table: In addition, Martinez has decided that there should be at least six ads on TV or social media or some combination of those two. The amount spent on billboards and newspapers together must not exceed the amount spent on TV ads. While fundraising is still continuing, the monthly budget for advertising has been set at $15,000. How many ads of each type should be placed to maximize the total number of people reached