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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

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
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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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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