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Consider the following resource - allocation problem that has the objective of maximizing the total profit from the two activities. a . Formulate and solve
Consider the following resourceallocation problem that has the objective of maximizing the total
profit from the two activities.
a Formulate and solve a spreadsheet model for this problem. Also obtain the sensitivity report.
Explain why this sensitivity report indicates that the problem has other optimal solutions in
addition to the one found in part Alter the spreadsheet slightly as needed to find another
optimal solution with Solver.
c Since the optimal solutions found in parts a and are both corner points Solver only considers
corner points describe how these solutions can be used to find other optimal solutions.
Use the graphical method to find all optimal solutions.
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