Question: SULIT (BMFP 3323) Q3 After solving the problem in Question 2 using the simplex method, the sensitivity report is shown in Table 2. a) Determine

SULIT (BMFP 3323) Q3 After solving the problem in

SULIT (BMFP 3323) Q3 After solving the problem in Question 2 using the simplex method, the sensitivity report is shown in Table 2. a) Determine whether the optimal solution would change if the profit for product 3 changes to RM12. Justify your answer. (5 marks) b) Evaluate the effect on the optimal total profit if the firm produce 2 units of product 2 by mistake (instead of producing none). (5 marks) Table 2: Excel Solver Sensitivity Report Name Product 1 Product 2 Product 3 60 Final Reduced Value Cost 0 0 -2.5 240 0 Objective Allowable Coefficient Increase 9 0.75 15 2.5 13 0.5 Allowable Decrease 0.33 IE.30 1

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!