A B 6 Variable Cells 7 8 9 10 10 C Cell Name $B$4 Acres allotted Soybean $C$4 Acres allotted Corn 11 12 Constraints 13 14 Cell Name 15 $D$2 Workers Amt used 16 $D$3 Fertilizer Amt used 17 $D$4 Acres allotted Amt used 2500 3100 166.67 1166.67 D Final Value 166.6666667 1166.666667 Final Value 1333.333333 E Shadow Price 1500 633.3333333 5000 616.6666667 How many acres are to be allotted to soybean? 0 0 Reduced Cost Coefficient Increase F 0 G Objective Allowable Allowable Decrease 2500 3100 1500 5000 1500 H 3700 1900 950 1850 Constraint Allowable Allowable R.H. Side Increase Decrease 500 1000 1E+30 166.6666667 250 3500
A B 6 Variable Cells 7 8 9 10 10 C Cell Name $B$4 Acres allotted Soybean $C$4 Acres allotted Corn 11 12 Constraints 13 14 Cell Name 15 $D$2 Workers Amt used 16 $D$3 Fertilizer Amt used 17 $D$4 Acres allotted Amt used 2500 3100 166.67 1166.67 D Final Value 166.6666667 1166.666667 Final Value 1333.333333 E Shadow Price 1500 633.3333333 5000 616.6666667 How many acres are to be allotted to soybean? 0 0 Reduced Cost Coefficient Increase F 0 G Objective Allowable Allowable Decrease 2500 3100 1500 5000 1500 H 3700 1900 950 1850 Constraint Allowable Allowable R.H. Side Increase Decrease 500 1000 1E+30 166.6666667 250 3500
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Please don't provide handwriting solution
Transcribed Image Text:B
6 Variable Cells
7
DO
A
8
9
10
11
12 Constraints
13
14
10
Cell
Name
$B$4 Acres allotted Soybean
$C$4 Acres allotted Corn
Cell
Name
15
$D$2 Workers Amt used
16
$D$3 Fertilizer Amt used
17 $D$4 Acres allotted Amt used
C
2500
3100
166.67
1166.67
D
Final
Value
166.6666667
1166.666667
Final
Value
1333.333333
E
Reduced
Cost
How many acres are to be allotted to soybean?
0
0
Price
1500 633.3333333
5000 616.6666667
F
0
2500
3100
Objective Allowable Allowable
Coefficient Increase Decrease
G
Shadow Constraint Allowable Allowable
Increase
Decrease
R.H. Side
1500
5000
1500
H
3700
1900
950
1850
500
1000
1E+30 166.6666667
250
3500
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