Based on the following sensitivity report, what would be the change in the objective function value if the objective function coefficientfor Product_2 increases to 24?Variable CellsFinalValueReducedCostObjectiveCoefficientAllowableIncreaseCellName$B$2Product 1AllowableDecrease1E+3011E+30$B$3Product 2$B$4Product 3ConstraintsConstraintR.H.SideCellName$H$9Resource A00$H$10Resource B5250$H$11Resource C7001.75(Round your answer to the nearest whole number.)Change in the objective function value01750FinalValue-20-1.5ShadowPrice111281008007004145AllowableIncrease1E+301E+30366.6666667AllowableDecrease100275700

Answered: Based on the following sensitivity…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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