Operations Management homework help

1) Describe “Sensitivity Analysis” within the Linear Programming context. Why is sensitivity analysis important?
2) Discuss the impact of the changes in the following to your optimal solution:

• objective function coefficient
• resources or right-hand-side values

Reference: Chapter 7 – Linear Programming
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Instructions:
Post an initial response to the discussion item above AND respond to 3 of your classmate’s posts. Use the assignment rubric to help you craft your post and responses.
Recommended length of initial post: 200-300 words.

• Recommended length of responses to classmates’ posts: 100-150 words.

Notes: Please make sure to post meaningful responses! Simple Yes, I agree or No, I disagree will NOT earn credit points.