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A B 6 Variable Cells 7 8 ܂ ܗ ܣ 9 10 $C$4 Acres allotted Corn 11 12 Constraints 13 14 N Cell Name $B$4 Acres allotted Soybean C 10 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 E 1333.333333 Reduced Cost 0 0 Price 1500 633.3333333 5000 616.6666667 F 0 2500 3100 Objective Allowable Allowable Coefficient Increase Decrease G R.H. Side Shadow Constraint Allowable Allowable Increase Decrease 1500 5000 1500 H 3700 1900 950 1850 500 1000 1E+30 166.6666667 250 3500 inkaid grows soybeans and corn on his land about 12 miles outside of Hartington in ortheast Nebraska. He needs to figure out how many acres of the land to allot to ach crop to maximize his profit. After solving the problem using Excel, the following ensitivity report is generated. What is the profit margin of Corn?

A B 6 Variable Cells 7 8 ܂ ܗ ܣ 9 10 $C$4 Acres allotted Corn 11 12 Constraints 13 14 N Cell Name $B$4 Acres allotted Soybean C 10 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 E 1333.333333 Reduced Cost 0 0 Price 1500 633.3333333 5000 616.6666667 F 0 2500 3100 Objective Allowable Allowable Coefficient Increase Decrease G R.H. Side Shadow Constraint Allowable Allowable Increase Decrease 1500 5000 1500 H 3700 1900 950 1850 500 1000 1E+30 166.6666667 250 3500 inkaid grows soybeans and corn on his land about 12 miles outside of Hartington in ortheast Nebraska. He needs to figure out how many acres of the land to allot to ach crop to maximize his profit. After solving the problem using Excel, the following ensitivity report is generated. What is the profit margin of Corn?

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A B 6 Variable Cells 7 8 9 10 11 12 Constraints 13 14 Cell Name $B$4 Acres allotted Soybean $C$4 Acres allotted Corn 15 16 C Cell Name $D$2 Workers Amt used $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 1500 5000 1333.333333 E Reduced Cost 0 0 Shadow Price 633.3333333 616.6666667 0 F 2500 3100 G Objective Allowable Allowable Coefficient Increase Decrease 1500 5000 1500 H 3700 1900 950 1850 Constraint Allowable Allowable R.H. Side Increase Decrease 500 1000 1E+30 166.6666667 250 3500 Kinkaid grows soybeans and corn on his land about 12 miles outside of Hartington in northeast Nebraska. He needs to figure out how many acres of the land to allot to each crop to maximize his profit. After solving the problem using Excel, the following sensitivity report is generated. What is the profit margin of Corn?
Transcribed Image Text:A B 6 Variable Cells 7 8 9 10 11 12 Constraints 13 14 Cell Name $B$4 Acres allotted Soybean $C$4 Acres allotted Corn 15 16 C Cell Name $D$2 Workers Amt used $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 1500 5000 1333.333333 E Reduced Cost 0 0 Shadow Price 633.3333333 616.6666667 0 F 2500 3100 G Objective Allowable Allowable Coefficient Increase Decrease 1500 5000 1500 H 3700 1900 950 1850 Constraint Allowable Allowable R.H. Side Increase Decrease 500 1000 1E+30 166.6666667 250 3500 Kinkaid grows soybeans and corn on his land about 12 miles outside of Hartington in northeast Nebraska. He needs to figure out how many acres of the land to allot to each crop to maximize his profit. After solving the problem using Excel, the following sensitivity report is generated. What is the profit margin of Corn?
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