Question: Use the following problem statement to answer questions 1-6. A manager wants to determine the number of Product 1 and Product 2 to produce in

Use the following problem statement to answer
Use the following problem statement to answer
Use the following problem statement to answer
Use the following problem statement to answer
Use the following problem statement to answer questions 1-6. A manager wants to determine the number of Product 1 and Product 2 to produce in order to maximize total profit. The linear model and the sensitivity report are given as below. Round to two decimal places. Variable Cells Final Value Reduced Objective Allowable Allowable Cost Coefficient Increase Decrease X1No. of Product 1 X2= No. of Product 2 Max Z-90X1 + 60X2 C1: 12X1 + 6X2 80. Resource 1 (lb.) Cell Name $853 X1 0 90 30 70 SC$3 X2 0 A 210 15 C2: 2X1 + 6X2 36. Resource 2 (lb.) Constraints Shadow Constraint Allowable Allowable C3: X1 6. Resource 3 Cell Price R.H. Side Increase Decrease (lb.) SMS6 80 7 80 16 44 C4: 3X1 +3X2 30. SM$7 36 3 36 10.67 16 Resource 4 (lb.) SMS8 4.40 0 6 C5: X1, X2 0. 1E+30 1E+30 1.60 3.20 SMS9 C4 26.80 0 [T/F] The optimal solution is (4.40, 4.53). O True False Name ... C3 4.40 4.53 Final Value B 4 D Question 2 What is missing in box "B"? O 30 200 Question 3 [T/F] Constraint #2 is binding at the optimal solution. O True O False 8 pts 8 pts WS D Question 4 What would be the effect on the optimal solution if the profit from Product 1 were increased from $90 to $110? O The optimal solution will change. O The optimal solution will not change. Question 5 What is missing in box "A"? 00 O 60 8 pts 8 pts Question 6 [T/F] Total profit at the optimal solution is 667.80. O True O False 8 pts

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