Question: Solve the following LP using the simplex method and answer the following questions. (Remember profit is in terms of dollars) 3.(15points)MAXZ=28x1+16x2(profit,$)ST5x1+2x270(units,resource1)x1+2x222(units,resource2)x110(units,resource3)xi0 a. Using right hand

 Solve the following LP using the simplex method and answer the

Solve the following LP using the simplex method and answer the following questions. (Remember profit is in terms of dollars) 3.(15points)MAXZ=28x1+16x2(profit,$)ST5x1+2x270(units,resource1)x1+2x222(units,resource2)x110(units,resource3)xi0 a. Using right hand side ranging, what are the lower and upper bounds for constraint 2 ? b. How much would you be willing to pay for each additional resource? You should have 3 answers since there are 3 resources)

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