Question: State the word problems and develop mathematical model. Apply sensitivity analysis i.e. Calculate the ranges of optimality and shadow prices of each constraint. Four products

State the word problems and develop mathematical model. Apply sensitivity analysis i.e. Calculate the ranges of optimality and shadow prices of each constraint. Four products are processed sequentially on three machines. The following table gives the pertinent data of the problem. Manufacturing time (hr) per unit Machine 1 2 3 Cost per hr ($) Product Product 2 Product 3 Product 4 Capacity (hr) 10 2 3 4 2 500 5 3 2 1 2 380 4 7 3 2 1 450 Unit selling price (5) 75 70 35 45

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