What would be the resultant optimal value


Task: Shown below is a sensitivity report produced by Excel Solver for an LP problem with 3 decision variables (x_1, x_2, x_3) and 5 constraints (cons1, cns2,cons3, cons4, cons5).

Adjustable Cells

Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease



 

$C$4

x 1

750

0

2.5

1E+30

0.7

$D$4

x 2

200

0

1.2

1.3

1E+30

$E$4

x 3

50

0

1.8

0.7

1E+30

Constraints

 

 

 

 

 

Cell                     Name

Final
Value

Shadow
Price

Constraint Allowable Allowable R.H. Side         Increase                Decrease

$G$7             cons1

750

0

600

150

1E+30

$G$8 cons2

200

-1.3

200

150

200

$G$9 cons3

50

-0.7

50

150

40

$G$10 cons4

50

0

10

40

1E+30

$G$11 cons5

1000

2.5

1000

1E+30

150

Answer the following questions:

Question 1: If we increase the coefficient of x_2 in the objective function to 2.45, what would be the resultant optimal value of x_2?

Question 2: If we increase the coefficient of x_2 in the objective function to 2.6, what would be the resultant optimal value of x_2?

Question 3: By how much can the coefficient of x_2 be decreased without changing its LP optimal value?

Question 4: If the RHS constraint of cons3 is increased to 60, what would be the numerical change in the LP optimal value of the objective function?

Question 5: If the RHS constraint of cons4 is increased to 45, what would be the numerical change in the LP optimal value of the objective function?

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