Question: Solve the LP by Excel Solver and then answer the following questions based on the Answer and Sensitivity Report of the original LP. You are
Solve the LP by Excel Solver and then answer the following questions based on the Answer and Sensitivity Report of the original LP. You are not allowed to re-solve the LP for each of the questions.
Max
where
is the quantity of product 1 to make, etc.
Subject to
Machine:
minutes
Labor:
hours
Materials: 
Product 2:
units
Non-Negativity: 
Note: the following questions are independent of each other.
a) Are any constraints binding? If so, which one(s)?
b) If the profit on product 3 were changed to $25 a unit, what would the values of the decision variables be? The objective function? Explain.
c) If the profit on product 1 were changed to $20 a unit, what would the values of the decision variables be? The objective function? Explain.
Z = 12.01 + 18.02 + 15.73 5.21 + 4.62 +3.03
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