Use the Information Below to Answer the Following Questions

question 16

Essay

Use the information below to answer the following questions.
A real estate developer is planning to build an office complex.Currently,there are three office sizes under consideration: small,medium,and large.Small offices can be rented for $600 per month,medium offices can be rented for $750 per month,and large offices can be rented for $1000 per month.Each small office requires 600 square feet,each medium office requires 800 square feet,and each large office requires 1000 square feet.The current plot of land available to the developer is 100,000 square feet.The developer wants to ensure that the office complex has at least 3 units of each office size.Moreover,zoning restrictions limit the total number of offices to 50.

-Use the Sensitivity Report to answer the following questions:
a.What would be the impact on the optimal allocation of offices and the objective function value if small offices can be rented for $800 per month rather than $600 per month?
b.What would be the impact on the optimal allocation of offices and the objective function value if medium offices can be rented for $650 per month rather than $750 per month?
c.What would be the impact on the optimal allocation of offices if medium offices can be rented for $1100.00 rather than $750 per month?
d.Is the solution to the problem unique or are there alternate optimal solutions?

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Definitions:

Lithium

Drug used to treat manic and depressive symptoms.

Impulsive Behaviors

Actions performed suddenly without apparent thought, reflecting a lack of control over impulses that can result in harm to oneself or others.

Prefrontal Cortex

The front part of the frontal lobes of the brain, involved in complex cognitive behavior, personality expression, decision making, and moderating social behavior.

Antisocial Personality Disorder

A psychiatric condition marked by a persistent tendency to ignore or infringe upon the rights of others over an extended period.