The optimal solution is (G=55.83, F=21.67) and total profit = 495.83. See sensitivity report below. Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease $B$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 $B$14 Contract w/supplier LHS 2000 600 1400 1E+30 SB$15 Production Ratio LHS 50 -0.75 50 216.6666667 1116.666667 $B$16 Capacity LHS 800 0.666666667 800 1E+30 560 If Capacity RHS increases by 10, from 800 to 810.. Total profit will remain the same The shadow price will change, I have to re-run SOLVER Total profit will increase by 0.67 Total profit will increase by 6.67

Practical Management Science
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Author:WINSTON, Wayne L.
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Chapter2: Introduction To Spreadsheet Modeling
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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
Cll
Name
Value
Cost
Coefficient
Increase
Decrease
$B$9 G
$C$9 F
55.83333333
15
10
21.66666667
10
1E+30
7.5
Constraints
Final
Shadow
Constraint
Allowable
Allowable
Cell
Name
Value
Price
R.H. Side
Increase
Decrease
600
1400
1E+30
SB$14 Contract w/supplier LHS
ŞB$15 Production Ratio LHS
2000
50
-0.75
50 216.6666667 1116.666667
SB$16 Capacity LHS
560
800 0.666666667
800
1E+30
If Capacity RHS increases by 10, from 800 to 810...
Total profit will remain the same
The shadow price will change, I have to re-run SOLVER
Total profit will increase by 0.67
Total profit will increase by 6.67
Transcribed Image Text: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 Cll Name Value Cost Coefficient Increase Decrease $B$9 G $C$9 F 55.83333333 15 10 21.66666667 10 1E+30 7.5 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease 600 1400 1E+30 SB$14 Contract w/supplier LHS ŞB$15 Production Ratio LHS 2000 50 -0.75 50 216.6666667 1116.666667 SB$16 Capacity LHS 560 800 0.666666667 800 1E+30 If Capacity RHS increases by 10, from 800 to 810... Total profit will remain the same The shadow price will change, I have to re-run SOLVER Total profit will increase by 0.67 Total profit will increase by 6.67
Georgia Electronics produce two calculators: Graphic (G) and Financial (F). The model
is given below:
Max Total Profit = 5*G + 10 F
S.T.:
Contract w/supplier 30*G + 15 F >= 600
4'G - 8'F >= 50
12 G+ 6*F <= 800
Production Ratio
Capacity
Non-negativity
G,F >= 0
The optimal solution is (G=55.83, F=21.67) and total profit = 495.83. See sensitivity
%3D
report below.
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 S.T.: Contract w/supplier 30*G + 15 F >= 600 4'G - 8'F >= 50 12 G+ 6*F <= 800 Production Ratio Capacity Non-negativity G,F >= 0 The optimal solution is (G=55.83, F=21.67) and total profit = 495.83. See sensitivity %3D report below.
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