Question: Write down the Excel formula for cells B6 and D9. (2 marks) Write down the Excel formula for cell D10 and its calculated value. (2

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- Write down the Excel formula for cells B6 and D9. (2 marks)
- Write down the Excel formula for cell D10 and its calculated value. (2 marks)
- What are the optimal quantities of Item A and Item B, and, total profit? (3 marks)
- What is the range of feasibility for RHS of Constraint 3? (2 marks)
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- The shadow price and allowable range for constraint 1 and 2 are missing from the sensitivity report. What are the shadow price and allowable range for constraint 1 and 2? Explain how you are able to deduce each number. (5 marks)
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- If the profit of Item A is $7 instead of $10, do the optimal quantity change? Do the total profit change and by how much? (4 marks)
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- If the profit of Item B is reduced by $2, do the optimal quantity change? Do the total profit change and by how much? (4 marks)
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- If the profit of Item A is increased by 7 and the profit of Item B is decreased by $5, do the optimal quantity change? (5 marks)
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- If the resources available for Constraint 4 decreases by 100, what will be the change to the total profit? Will the optimal quantity change? (4 marks)
- J. Are you willing to pay $2 each for up to 15 more units of available resource in Constraint 3? Why or why not? (4 marks)
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