If the price per ton for regular grind is increased to $950.00, how will the solution be affected? The optimal solution would not change. The profit would change to $ 843,500. (Round to the nearest dollar as needed.) O The optimal solution and profit could both change. The new profit would be $ 569.60 (Round to the nearest dollar as needed.) O The optimal solution would not change. The profit would not change. O Value = (-181.16) + 13.493 x Number of years

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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If the price per ton for regular grind is increased to $950.00, how will the solution be
affected?
The optimal solution would not change. The profit would change to $ 843,500. (Round to the
nearest dollar as needed.)
O The optimal solution and profit could both change. The new profit would be $ 569.60 (Round
to the nearest dollar as needed.)
The optimal solution would not change. The profit would not change.
Value = (-181.16) + 13.493 x Number of years
Transcribed Image Text:If the price per ton for regular grind is increased to $950.00, how will the solution be affected? The optimal solution would not change. The profit would change to $ 843,500. (Round to the nearest dollar as needed.) O The optimal solution and profit could both change. The new profit would be $ 569.60 (Round to the nearest dollar as needed.) The optimal solution would not change. The profit would not change. Value = (-181.16) + 13.493 x Number of years
Malloy Milling grinds calcined alumina to a standard granular size.
The mill produces two different size products, regular grind and super grind,
from the same raw materials. After reviewing the production rate, demand,
and profit for each of the two types of grind, Malloy Milling found the accompanying
linear optimization model for profit, where R is the number of tons of regular grind
produced and S is the number of tons of super grind produced.
Implement the linear optimization model and find an optimal solution.
Using the Solver Sensitivity Report, answer the following questions, explaining
See image of the LP Model:
Malloy Milling Linear Optimization Model
Maximize Profit = 900 R+ 1800 S
R+S2700
RS
53168
R2400
S2200
Print
(Total production)
(Time limitation)
(Regular demand)
(Super demand)
Done
Transcribed Image Text:Malloy Milling grinds calcined alumina to a standard granular size. The mill produces two different size products, regular grind and super grind, from the same raw materials. After reviewing the production rate, demand, and profit for each of the two types of grind, Malloy Milling found the accompanying linear optimization model for profit, where R is the number of tons of regular grind produced and S is the number of tons of super grind produced. Implement the linear optimization model and find an optimal solution. Using the Solver Sensitivity Report, answer the following questions, explaining See image of the LP Model: Malloy Milling Linear Optimization Model Maximize Profit = 900 R+ 1800 S R+S2700 RS 53168 R2400 S2200 Print (Total production) (Time limitation) (Regular demand) (Super demand) Done
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