View Coton 6) Answer the following questions using the sensitivity report shown below: (20 min) a) Report the optimal solution and the objective function. what is the range of optimality for coefficient of y? (7 marks) b) Report and interpret the shadow price associated with each constraint and determine what constraints are binding and which one(s) are non-binding? (5 marks) Variable cells Final Reduced Objective Allowable Allowable Cell Name Value Coefficient Increase c) Will the optimal solution remain Decrease Type Ax 1 optimal if the coefficient of y Type By 0 5 changes to 8? Explain? (3 marks) Type Cz 1E+30 Constraints d) If the coefficient of changes to 6 Final Shadow Constraint Allowable Allowable and the coefficient of y changes to 4 Cell Name Value Price R.H. Side Increase Decrease simultaneously, will the optimal Wood 10 Steel solution remain optimal? Explain (10 2 40 30 hours 35 55 marks) Cost o 10 5 0 3 5 2 8 2 6.5 -6.5 1 25 1 1.5 0 25 40 70 20 110 1E+30 3