Question: Use this question 3 4 to answer question 2 3 The Pelletier Corporation has just discovered that it will not have enough warehouse space for

Use this question 34 to answer question 23 The Pelletier Corporation has just discovered that it will not have enough warehouse space for the next 5 months. The additional warehouse space requirements for this period are listed in the following table:
Month 12345
Additional Space Needed
(in 1,000 sq ft)251020105
To cover its space requirements, the firm plans to lease additional warehouse space on a short-term basis. Over the next 5 months, a local warehouse has agreed to lease Pelletier any amount of space for any number of months according to the following cost schedule.
Length of Lease (in months)12345
Cost per 1,000 square feet $300 $525 $775 $850 $975
This schedule of leasing options is available to Pelletier at the beginning of each of the next 5 months. For example, the company could elect to lease 5,000 square feet for 4 months beginning in month 1(at a cost of 85035) and lease 10,000 square feet for 2 months beginning in month 3(at a cost of 525310).
a. Formulate an LP model for this problem.
b. Create a spreadsheet model for this problem and solve it using Solver. c. What is the optimal solution?
23 Use Solver to create a Sensitivity Report for question 34 at the end of chapter 3 and
answer the following questions.
a. Is the solution degenerate?
b. Is the solution unique?
 Use this question 34 to answer question 23 The Pelletier Corporation

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