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Use this information, along with its associated Sensitivity Report, to answer the following questions. A production manager wants to determine how many units of each
Use this information, along with its associated Sensitivity Report, to answer the following questions. A production manager wants to determine how many units of each product to produce weekly to maximize weekly profits. Production requirements for the products are shown in the following table. Material 1 costs $7 a pound, material 2 costs $5 a pound, and labor costs $15 per hour. Product A sells for $101 a unit, product B sells for $67 a unit, and product C sells for $97.50 a unit. Each week there are 300 pounds of material 1; 400 pounds of material 2; and 200 hours of labor. The output of product A should not be more than one-halt of the total number of units produced. Moreover, there is a standing order of 10 units of product C each week. Eormulation Max 10A+10B+10C Subject to: 3A+B+5C300(constraint#1)2A+4B400(constraint#2)4A+2B+3.5C200(constraint43)C10(constraint#4) Run Sensitivity Report and Answer the following questions: What is the optimal objective function value? 9359151025925
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