What Are the Objective Function Coefficients for X₁ and X₂

question 60

Essay

What are the objective function coefficients for X₁ and X₂ based on the following Risk Solver Platform (RSP) sensitivity output?
$\begin{array}{llc}&\text { Target }\\\text { Cell } & \text { Name } & \text { Value } \\\hline \$ \mathrm{E} \$ 5 & \text { Unit profit: OBJ. FN. VALUE } & 58\end{array}$

$\begin{array}{llrrrrr}&\text {Adiustable}&&\text {Lower }&\text {Target }&\text {Upper}&\text { Targel}\\\text { Cell } & \text { Name } & \text { Value } & \text { Limit } & \text { Result } & \text { Limit } & \text { Result } \\\hline \$ \text { B } \$ 4 & \text { Number to make: } \mathrm{X} 1 & 6 & 0 &16 & 6& 58\\\$ \text { C } \$ 4 & \text { Number to make } \mathrm{X} 2 & 4 & 6 & 42 & 4 & 58\end{array}$

---

Definitions:

Decision Making

The process of selecting among alternatives to achieve a goal or solve a problem.

Fairness Concerns

Issues or discussions surrounding the equitable treatment, distribution of resources or opportunities, and justice in societal, economic, or individual contexts.

Subjective

Subjective pertains to personal opinions, feelings, or tastes, as opposed to objective facts or universal truths.

Overconfidence Effect

A cognitive bias where an individual's subjective confidence in their judgments is greater than their objective accuracy.