Homework Help is Here – Start Your Trial Now!
Business
Operations Management
Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? Variable Cells Cell Name Final ValueReduced Cost Objective Coefficient $B$2 Product 10 -2 $B$3 Product_2175 o $B$4 Product 30 -1.5 Constraints 25 25 25 0 0 1.75 Allowable Allowable Increase Decrease 100 800 700 10 2 13 Cell Name Final Value Shadow Price Constraint R.H.Side SHS9 Resource_A0 SH$10Resource_B 525 SH$11 Resource_C700 Allowable Increase 6 12 7 E+30 E+30 Allowable Decrease 100 275 366.6666667700

Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? Variable Cells Cell Name Final ValueReduced Cost Objective Coefficient $B$2 Product 10 -2 $B$3 Product_2175 o $B$4 Product 30 -1.5 Constraints 25 25 25 0 0 1.75 Allowable Allowable Increase Decrease 100 800 700 10 2 13 Cell Name Final Value Shadow Price Constraint R.H.Side SHS9 Resource_A0 SH$10Resource_B 525 SH$11 Resource_C700 Allowable Increase 6 12 7 E+30 E+30 Allowable Decrease 100 275 366.6666667700

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...
See similar textbooks
icon
Related questions
Question

Godo

Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? Variable Cells Cell Name Final ValueReduced Cost Objective Coefficient $B$2 Product 10 $B$3 Product_2175 $B$4Product 30 Constraints Cell Name $H$9 Resource_A0 $H$10 Resource_B525 $H$11 Resource_C700 O a. Product 2 b. Product 3 O c. Product_1 -2 0 -1.5 Final Value Shadow Price Constraint R.H.Side 25 25 25 0 10 1.75 Allowable Allowable Increase Decrease 100 800 700 10 2 13 6 12 7 Allowable Increase 1E+30 1E+30 Allowable Decrease 100 275 366.6666667700
Transcribed Image Text:Based on the following sensitivity analysis, which of the following products would be considered most sensitive to changes or errors in the objective function coefficient? Variable Cells Cell Name Final ValueReduced Cost Objective Coefficient $B$2 Product 10 $B$3 Product_2175 $B$4Product 30 Constraints Cell Name $H$9 Resource_A0 $H$10 Resource_B525 $H$11 Resource_C700 O a. Product 2 b. Product 3 O c. Product_1 -2 0 -1.5 Final Value Shadow Price Constraint R.H.Side 25 25 25 0 10 1.75 Allowable Allowable Increase Decrease 100 800 700 10 2 13 6 12 7 Allowable Increase 1E+30 1E+30 Allowable Decrease 100 275 366.6666667700
Expert Solution
steps

Step by step

Solved in 3 steps with 9 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS