Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? A. Product_2 B. Product_1 C. Product_3   Variable Cells Cell Name Final Value Reduced Cost  Objective Coefficient Allowable Increase Allowable Decrease $B$2 Product_1 0 −2 25 13 5 $B$3 Product_2 175 0 25 8 9 $B$4 Product_3 0 −1.5 25 11 3   Constraints Cell Name Final Value Shadow Price  Constraint R.H.Side Allowable Increase Allowable Decrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700

Q: OBJECTIVE FUNCTION Max Zt = 2X, + 4X2 +3X3 SUBJ TO: 3x1 + 4X2 + 2X3 =< 60 2X; + X2 + 2X3 =< 40 X1 +…

A: Given, MAX Z = 2x1 + 4x2 + 3x3subject to3x1 + 4x2 + 2x3 &lt;= 604x1 + x2 + 2x3 &lt;= 40x1 + 3x2 +…

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Q: Based on the following sensitivity report, what would be the change in the objective function value…

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Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.