Consider the following linear program Max 12A + 9B s.t 5A + 15B <= 25...
70.2K
Verified Solution
Link Copied!
Question
Finance
Consider the following linear program Max 12A + 9B s.t 5A + 15B <= 25 10A + 6B <= 26 a) Use Excel solver the find the optimal solution and generate the sensitivity report. What is the optimal solution? Use the Sensitivity report to answer the following questions: b) Assume that the objective function coefficient for A changes from 12 to 16. Does the optimal solution change? Why? c) Assume that the objective function coefficient for A remains 12, but the objective function coefficient for B changes from 9 to 12. Does the optimal solution change? Why? d) Based on the shadow price and the right-hand-side range information in Sensitivity report, what conclusion can you draw about the effect of changes to the right-hand side of the constraint 1
DO IT FAST I HAVE ONLY 30 MIN PLEASE HURRY
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
