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Below tables show the Answer Report and the Sensitivity Report of the optimization Based on these two tables, answer the following questions. Write the objective What is the z value (objective function’s value) Identify the sensitivity ranges for the objective

Below tables show the Answer Report and the Sensitivity Report of the optimization Based on these two tables, answer the following questions. Write the objective What is the z value (objective function’s value) Identify the sensitivity ranges for the objective

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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Below tables show the Answer Report and the Sensitivity Report of the optimization Based on these two tables, answer the following questions.

  • Write the objective
  • What is the z value (objective function’s value)
  • Identify the sensitivity ranges for the objective
Variable Cells Reduced Objective Allowable Coefficient Increase Final Allowable Cell Name Value Cost Decrease $CS11 x1 SCS12 x2 $C$13 x3 SC$14 x4 12 0.628571429 6.444444444 8 8.546583851 0.75862069 10 6.691561939 6 6.444444444 0.628571429 2.560143627 3.364452424 0 -6.691561939 1E+30 15.43985637 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease SH$6 Used SH$7 Used 21.40125673 SH$8 Used 74 0.078994614 74 20.37142857 26.08108108 1E+30 2.598743268 24 36 36 7.170278638 25.67164179 $H$9 Used 480 0.208258528 480 79.31506849 79.22222222
Transcribed Image Text:Variable Cells Reduced Objective Allowable Coefficient Increase Final Allowable Cell Name Value Cost Decrease $CS11 x1 SCS12 x2 $C$13 x3 SC$14 x4 12 0.628571429 6.444444444 8 8.546583851 0.75862069 10 6.691561939 6 6.444444444 0.628571429 2.560143627 3.364452424 0 -6.691561939 1E+30 15.43985637 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease SH$6 Used SH$7 Used 21.40125673 SH$8 Used 74 0.078994614 74 20.37142857 26.08108108 1E+30 2.598743268 24 36 36 7.170278638 25.67164179 $H$9 Used 480 0.208258528 480 79.31506849 79.22222222
Objective Cell (Max) Cell Name Original Value Final Value SCS15 Profit 150.3 150.3 Variable Cells Cell Name Original Value Final Value SCS11 x1 SCS12 x2 SCS13 x3 SCS14 x4 Integer 2.6 Contin 2.6 3.4 3.4 Contin 0.0 Contin 15.4 Contin 0.0 15.4 Constraints Cell Name Cell Value Formula Status Slack SH$6 Used SH$7 Used SH$8 Used SH$9 Used 74 SHS6<=SG$6 Binding 21.4 SHS7<=SGS7 Not Binding 2.598743268 36 SH$8<=$G$8 Binding 480 SH$9<=$G$9 Binding
Transcribed Image Text:Objective Cell (Max) Cell Name Original Value Final Value SCS15 Profit 150.3 150.3 Variable Cells Cell Name Original Value Final Value SCS11 x1 SCS12 x2 SCS13 x3 SCS14 x4 Integer 2.6 Contin 2.6 3.4 3.4 Contin 0.0 Contin 15.4 Contin 0.0 15.4 Constraints Cell Name Cell Value Formula Status Slack SH$6 Used SH$7 Used SH$8 Used SH$9 Used 74 SHS6<=SG$6 Binding 21.4 SHS7<=SGS7 Not Binding 2.598743268 36 SH$8<=$G$8 Binding 480 SH$9<=$G$9 Binding
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