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nsitivity Analysis Questions: Price change a ) Suppose the profit on Deluxe frames is increased from $ 3 0 to $ 5 0 . What

nsitivity Analysis Questions: Price change
a) Suppose the profit on Deluxe frames is increased from $30 to $50. What is
the optimal solution? What is the value of the objective function when the
unit profit is increased to $50?
Assume the profit from Professional frame remains at $45(i.e. no change to profit per unit).
b) If the unit profit on Professional frame were $40 instead of $45, what is the
optimal solution and what is the value of the objective function?
Assume the profit from Deluxe frame remains at $30(i.e. no change to profit per unit).
c) What is the range of optimality of the profit from a Deluxe frame. That is,
assume that c be the profit per unit of a Deluxe frame. Currently, c =30.
Assume that the profit from one unit of the professional frame is fixed at its
current value of $45. Determine the lower and upper limits for c so that the
current optimal solution remains optimal.
d) If the unit profit on Deluxe frames were $20 instead of $30, would the
optimal solution change?
Assume the profit from Professional frame remains at $45(i.e. no change to profit per unit).

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