Question: Use solver in Excel to create a linear program with sensitivity analysis reports. Also, answer the additional questions. MAX 4X + 6Y s.t. X +
Use solver in Excel to create a linear program with sensitivity analysis reports. Also, answer the additional questions.
| MAX | 4X + 6Y | |||
| s.t. | ||||
| X | + | Y | 110 | |
| 2Y | 100 | |||
| X | 300 | |||
| X,Y | 0 |
1. Which X variables are optimal?
2. Which Y variables are optimal?
3. Optimal value of the objective function?
4. Ranges of optimality?
5. Ranges of feasibility?
6. Any binding constraints?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
