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Q1. Refer to the following sensitivity report for a minimization LP problem. Variable Cells Conotminte Answer the following questions: 1. Which RHS of constraints can
Q1. Refer to the following sensitivity report for a minimization LP problem. Variable Cells Conotminte Answer the following questions: 1. Which RHS of constraints can be increased without increasing total cost? 2. In each such case indicate how much can it be increased without increasing total cost? 3. For each case where the total cost increases with the increase in RHS of constraint, how much would the total cost increase per unit increase in RHS before the LP solution is no longer valid. 4. In this case, if the shadow prices are negative, will it change your interpretation for above questions? Provide justification. (10 marks) Q1. Refer to the following sensitivity report for a minimization LP problem. Variable Cells Conotminte Answer the following questions: 1. Which RHS of constraints can be increased without increasing total cost? 2. In each such case indicate how much can it be increased without increasing total cost? 3. For each case where the total cost increases with the increase in RHS of constraint, how much would the total cost increase per unit increase in RHS before the LP solution is no longer valid. 4. In this case, if the shadow prices are negative, will it change your interpretation for above questions? Provide justification. (10 marks)
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