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

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

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Consider the following linear programming problem Max. Z = 9X₁ + 16X₂ Subject to: C1: C2: C3: C4: C5: Variable Cells X₁ 2X₁ X₁ X₁ Microsoft Excel 16.0 Sensitivity Report Worksheet: [Question Sensitivity analysis.xlsx]Sheet2 Report Created: 10/24/2021 10:45:53 AM $B$5 Values x1 $C$5 Values x2 $D$10 C5Z $D$6 C1Z $D$7 C2Z $D$8 C3Z $D$9 CAZ X₂ This problem was solved using MS Solver of MS Excel. Following is the output of the solution. 3 6 3X₂ 0 0 X₂ Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease 6 3 24 9 3 Constraints Cell Name Value Price R.H. Side 05500 -5 5 15 3 0 0 0 3 24 10 0 Final Shadow Constraint Allowable Allowable Increase Decrease 1E+30 5 1E+30 24 10 6 3 3 1E+30 1E+30 7.5 3 18 1 3 1E+30 Write your report on the sensitivity analysis of constraints C2 and C3
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