Question: Sensitivity Analysis. See Sensitivity Media Selection file attached for your problem information. Answer the following questions: 1 ) What is the range of optimality for
Sensitivity Analysis. See Sensitivity Media Selection file attached for your problem information. Answer the following questions:
What is the range of optimality for each product?
What is the reduced cost for those listed and what do they mean?
What is the range of feasibility for each constraint?
What is the shadow price for any listed and what do they mean?
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.
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