Based on the following sensitivity report, how much should the firm be willing to pay for 53 more units of Resource_C? Variable Cells Allowable Allowable Final Value Reduced Cost Objective Coefficient Cell Increase Decrease Name Product 1 $B$2 $B$3 Product 2 $B$4 Product 3 Constraints Constraint Cell Name R.H. Side $H$9 Resource_A $H$10 Resource B $H$11 Resource C 0 175 0 Final Value 0 525 700 -2 0 -1.5 Shadow Price 0 0 1.11 100 800 700 5 7 9 2 1E+30 1.5 Allowable Increase 1E+30 1E+30 180 1E+30 1 1E+30 Allowable Decrease 80 270 75

Based on the following sensitivity report, how much should the firm be willing to pay for 53 more units of Resource_C? Variable Cells Allowable Allowable Final Value Reduced Cost Objective Coefficient Cell Increase Decrease Name Product 1 $B$2 $B$3 Product 2 $B$4 Product 3 Constraints Constraint Cell Name R.H. Side $H$9 Resource_A $H$10 Resource B $H$11 Resource C 0 175 0 Final Value 0 525 700 -2 0 -1.5 Shadow Price 0 0 1.11 100 800 700 5 7 9 2 1E+30 1.5 Allowable Increase 1E+30 1E+30 180 1E+30 1 1E+30 Allowable Decrease 80 270 75

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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Question

Quantitative business tools question

Based on the following sensitivity report, how much should the firm be willing to pay for 53 more units of Resource_C?
Variable Cells
Allowable
Final
Value
Reduced
Cost
Objective
Coefficient
Allowable
Increase
Cell
Decrease
Name
Product 1
$B$2
$B$3
Product 2
$B$4
Product 3
Constraints
Constraint
Cell
Name
R.H. Side
$H$9
Resource A
0
$H$10
Resource B
525
$H$11
Resource_C
700
(Round your answer to 2 decimal places.)
Units of Resource_C
0
175
0
Final
Value
-2
0
-1.5
Shadow
Price
0
0
1.11
100
800
700
5
7
9
2
1E+30
1.5
Allowable
Increase
1E+30
1E+30
180
1E+30
1
1E+30
Allowable
Decrease
80
270
75

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