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SENSITIVITY ANALYSIS Given: Objective Function Min Z= A + 3B Subject to: 2A +B 0 A-B 0 a. Solve the LP model using graphical method
SENSITIVITY ANALYSIS Given: Objective Function Min Z= A + 3B Subject to: 2A +B 0 A-B 0 a. Solve the LP model using graphical method b. Determine the value of the dual variables for the binding constraints and interpret their meaning. Use the graphical method. c. Determine the Ranges for the Cost Coefficients. d. What value of the profit contribution of A or B would result to producing only either product exclusively? e. If the RHS of the first constraint is increased to 15, what is the impact to the optimal solution? f. Determine the Ranges for the RHS of the Binding Constraints
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