Question: what is the answer and how to get the answer? OBJECTIVE FUNCTION VALUE 1) 424.4398 VARIABLE X1 X2 X3 X4 VALUE 779.431274 0.000000 220.457962 0.110727

what is the answer and how to get the answer?

OBJECTIVE FUNCTION VALUE 1) 424.4398 VARIABLE X1 X2 X3 X4 VALUE 779.431274 0.000000 220.457962 0.110727 REDUCED COST 0.000000 0.001753 0.000000 0.000000 ROV 1) 2) 3) SLACK OR SURPLUS 0.000000 0.000000 22.500000 0.000000 DUAL PRICES 0 462401 -0.058641 0.000000 -8.012402 NOITERATIONS- 0 (a) (1 mark) What is the optimal value of the problem? (b) (2 marks) What is the optimal solution obtained by the software? (c) (2 marks) Interpret the reduced cost associated with the variable X. (d) (2 marks) What are the binding constraints? Please, justify your answers. (e) (2 marks) What would be the effect on the objective value (optimal profit) if one additional pound of castings were ordered? Please, explain your answers

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