Decision Variables Cakes (x1) Danishes (x2) Objective Function Max Z = $1x1 +5x2 Constraints 5x1+5x2 ≤25 (flour, lb.) 2x1 + 4x2 ≤16 (sugar, lb.) x1 ≤5 (demand, cakes) x1, x2 ≥0 Module 1 Spreadsheet Assignment Linear Program Model: Crumb and Custard Bakery Products Cakes Danishes Profit per item: 1 5 Resources: Usage Constraint Available Left over Flour (lb) 5 5 < 25 Sugar (lb) Demand (cakes) 2 4 < 16 1 0 5 Production: Cakes= Danishes= Profit=|

Decision Variables Cakes (x1) Danishes (x2) Objective Function Max Z = $1x1 +5x2 Constraints 5x1+5x2 ≤25 (flour, lb.) 2x1 + 4x2 ≤16 (sugar, lb.) x1 ≤5 (demand, cakes) x1, x2 ≥0 Module 1 Spreadsheet Assignment Linear Program Model: Crumb and Custard Bakery Products Cakes Danishes Profit per item: 1 5 Resources: Usage Constraint Available Left over Flour (lb) 5 5 < 25 Sugar (lb) Demand (cakes) 2 4 < 16 1 0 5 Production: Cakes= Danishes= Profit=|

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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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? A. Product_2 B. Product_1 C. Product_3 Variable Cells Cell Name Final Value Reduced Cost Objective Coefficient AllowableIncrease AllowableDecrease $B$2 Product_1 0 −2 25 13 5 $B$3 Product_2 175 0 25 8 9 $B$4 Product_3 0 −1.5 25 11 3 Constraints Cell Name Final Value Shadow Price Constraint R.H.Side AllowableIncrease AllowableDecrease $H$9 Resource_A 0 0 100 1E+30 100 $H$10 Resource_B 525 0 800 1E+30 275 $H$11 Resource_C 700 1.75 700 366.6666667 700
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