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Refer to Problem A in the image for the following questions.Note that Problem A has two Solver printouts; both of which are calculated at the

Refer to "Problem A" in the image for the following questions.Note that Problem A has two Solver printouts; both of which are calculated at the optimal solution.The top chart on the page is the output from a production problem with some of the answers omitted by design.The lower chart is the Sensitivity Report, again with some of the answers omitted by design.All boxes with "?" are potential answers to find.In all cases, the values of the boxes with "?" are either "0" or "greater than 0".

This firm is producing two outputs, x1 and x2, where the price of each good is P1 and P2, respectively.The firm faces four constraints.The firm's goal is to maximize total revenue.

(1) What is the Total Revenue when calculated at the optimal solution?

image text in transcribed
PROBLEM A: Production Activity x1 x2 TR ? Amount Produced ? ? Per Unit Cost 14 12 Constraints Resource Usage Total LHS RHS Slack Constraint 1 2 4 40 ? Constraint 2 10 5 140 Constraint 3 1 0 30 ? Constraint 4 0 1 ? 30 ? Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$4 Amount Produced x1 ? $C$4 Amount Produced x2 ? 0 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease $D$8 Constraint 1 Total LHS ? 1.666666667 40 $D$9 Constraint 2 Total LHS ? 1.066666667 140 1? 1? $D$10 Constraint 3 Total LHS ? 30 1E+30 18 $D$11 Constraint 4 Total LHS ? 0 30 1E+30 26

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