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Homework 7 Sensitivity Analysis Consider the following problem. Maximize 5 0 x 1 + 6 0 x 2 + 5 5 x 3 Subject to:

Homework 7 Sensitivity Analysis
Consider the following problem.
Maximize 50x1+60x2+55x3
Subject to:
x1+ x2+ x3<=100
2x1+3x2+2x3<=300
2x1+3x2+2x3>=250
x1+2x3>=60
x1, x2, x3>=0
a. Use solver to get the sensitivity report and copy the report. Then use the report to answer the following questions.
b. State the optimal solution.
c. What is the optimal objective function value?
d. What would happen to the optimal solution if
a. The unit profit on x2 decreases by 20?
b. The unit profit on x3 decreases to 45?
c. The unit profit on x1 and x3 change to 53?
e. Interpret the reduced cost for x1.
f. What would happen to the objective function if
a. The RHS of constraint 1 increases by 5?
b. The RHS of constraint 2 decreases to 250?
c. The RHS of constraint 4 change to 44?
g. Which constraints are binding?
h. What are the slack/surplus values?

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