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If profit contribution for G increases by 12, from 5 to 17, Since the optimal solution will change, I need to re-run SOLVER Optimal solution will change, new total profit 1165.83 Both optimal solution and total profit will remain the same Optimal solution remains the same, new total profit = 1165.83 %3D

If profit contribution for G increases by 12, from 5 to 17, Since the optimal solution will change, I need to re-run SOLVER Optimal solution will change, new total profit 1165.83 Both optimal solution and total profit will remain the same Optimal solution remains the same, new total profit = 1165.83 %3D

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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If profit contribution for G increases by 12, from 5 to 17, Since the optimal solution will change, I need to re-run SOLVER O Optimal solution will change, new total profit = 1165.83 Both optimal solution and total profit will remain the same Optimal solution remains the same, new total profit = 1165.83 %3D
Transcribed Image Text:If profit contribution for G increases by 12, from 5 to 17, Since the optimal solution will change, I need to re-run SOLVER O Optimal solution will change, new total profit = 1165.83 Both optimal solution and total profit will remain the same Optimal solution remains the same, new total profit = 1165.83 %3D
Georgia Electronics produce two calculators: Graphic (G) and Financial (F). The model is given below: Max Total Profit = 5'G + 10'F %3! S.T.: Contract w/supplier 30*G + 15'F>= 600 Production Ratio 4*G - 8*F >= 50 Capacity Non-negativity 12'G + 6*F <= 800 G.F >= 0 The optimal solution is (G=55.83, F=21.67) and total profit = 495.83. See sensitivity report below. %3D Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease SB$9 G 55.83333333 15 10 $C$9 F 21.66666667 10 1E+30 7.5 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease SB$14 Contract w/supplier LHS 2000 600 1400 1E+30 $8$15 Production Ratio LHS 50 -0.75 50 216.6666667 1116.666667 $B$16 Capacity LHS 800 0.666666667 560 800 1E+30
Transcribed Image Text:Georgia Electronics produce two calculators: Graphic (G) and Financial (F). The model is given below: Max Total Profit = 5'G + 10'F %3! S.T.: Contract w/supplier 30*G + 15'F>= 600 Production Ratio 4*G - 8*F >= 50 Capacity Non-negativity 12'G + 6*F <= 800 G.F >= 0 The optimal solution is (G=55.83, F=21.67) and total profit = 495.83. See sensitivity report below. %3D Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease SB$9 G 55.83333333 15 10 $C$9 F 21.66666667 10 1E+30 7.5 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease SB$14 Contract w/supplier LHS 2000 600 1400 1E+30 $8$15 Production Ratio LHS 50 -0.75 50 216.6666667 1116.666667 $B$16 Capacity LHS 800 0.666666667 560 800 1E+30
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