6 Using the Sensitivity Analysis Report below, if the right-hand side of Resource 1 changes to 650,then:Adjustable CellsCell Name$B$12$C$12$D$12Solution Product1Solution Product2Solution Product3ConstraintsFinal Reduced Objective AllowableValue CostCoefficient Increase75 01075-1.50Final ShadowValue Price600 1.5Cell Name$B$15 Resource 1 LHS$B$16 Resource 2 LHS525 0$B$17 Resource 3 LHS 375 0$B$18 Resource 4 LHS 150 1.5a. The original solution remains optimal9964801501.5ConstraintAllowableR.H. Side Increase600600Ob. The objective function will increase by $975OC. The problem must be re-solved to find the optimal solutionOd. The objective function will decrease by $75Oe. The objective function will increase by $7531501E+301E+30AllowableDecrease11E+300.6AllowableDecrease50751057.894736842 30

Shadow price is the amount by which the objective value will increase or decrease if 1 unit of any…

Answered: Using the Sensitivity Analysis Report…

Marketing

20th Edition

ISBN:9780357033791

Author:Pride, William M

Publisher:Pride, William M

Chapter19: Pricing Concepts

Section: Chapter Questions

Problem 6DRQ

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