6 Using the Sensitivity Analysis Report below, if the right-hand side of Resource 1 changes to 650,then:Adjustable CellsCell Name$B$12$C$12$D$12Solution Product1Solution Product2Solution Product3ConstraintsFinal Reduced Objective AllowableValue CostCoefficient Increase75 01075-1.50Final ShadowValue Price600 1.5Cell Name$B$15 Resource 1 LHS$B$16 Resource 2 LHS525 0$B$17 Resource 3 LHS 375 0$B$18 Resource 4 LHS 150 1.5a. The original solution remains optimal9964801501.5ConstraintAllowableR.H. Side Increase600600Ob. The objective function will increase by $975OC. The problem must be re-solved to find the optimal solutionOd. The objective function will decrease by $75Oe. The objective function will increase by $7531501E+301E+30AllowableDecrease11E+300.6AllowableDecrease50751057.894736842 30

Shadow price is the amount by which the objective value will increase or decrease if 1 unit of any…

Answered: Using the Sensitivity Analysis Report…

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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..C.8 The Donna Mosier Clothing Group owns factories in three towns (W, Y, and Z), which distribute to three retail dress shops in three other cities (A, B, and C). The following table summarizes factory availabilities, projected store demands, and unit shipping costs: From To Dress Shop Dress Shop Dress Shop A B $3 Factory W Factory Y Factory Z Store demand 30 $4 $6 $8 65 $7 $2 40 $3 $6 $5 Factory availability 35 50 50 135 a. Complete the analysis, determining the optimal solution for shipping at the Mosier Clothing Group. b. How do you know whether it is optimal or not? [PX]
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Q.3: Marketing Managements’ job is to build relationship with customers by creating customer value and satisfaction, however marketing manager cannot do this alone. Describe how the major actors in microenvironment can help marketing manager to create customer value and satisfactions?
1. (30 pts.) A company that manufactures three products, A, B, and C, using three machines, M1, M2, and M3, wants to determine the optimal production schedule that maximizes the total profit. Product has to be processed by machines M1, M2, and M3, product B requires M1 and M3, while product Crequires M1 and M2. The unit profits on the three products are $4, $2, and $5, respectively. The following linear program is formulated to determine the optimal product mix: Maximize Z=4x+2x2+5x3 5.L x+2x2+ x ≤430 (Machine 1) 3x + 2x ≤ 460 (Machine 2) x+4x2 ≤450 (Machine 3) and 11.12.20 where x1, x2, and xs are the amounts of products A. B, and C and the constraints reflect the available capacities of M1, M2, and M3. The optimum solution for the problem is as follows: optimal solution: -0, -100, x-230 optimal value: maximum profit, Z=1350 shadow prices: 1.0, 2.0, and 0.0 for constraints 1, 2 and 3 respectively reduced costs: for x 3.0, for x = 0, for x)=0 RANGES ON RIGHT-HAND-SIDE (RHS) CONSTRAINTS…
Q.12. Profits do not have to be shared. This statement refers to:A. PartnershipB. Sole proprietorshipC. CompanyD. Corporates. Select one
<. FROM T. I 13 Paragraph Styles A company produces its automobile model in three plants located in Flint, Michigan; Fresno, California; and Monterrey, Mexico. The cars are distributed to dealers through the regional distribution centers located in Phoenix, Arizona; Davenport, Iowa; and Columbia, South Carolina. Anticipated production at the plants over the next month is 3,300 cars at Flint, 2,600 cars at Fresno, and. 3,100 cars at Monterrey. Based on firm orders and other requests from dealers, the company has decided that it needs to have the following numbers of cars at the regional distribution centers at the end of the month: Phoenix - 2,600 cars; Davenport- 2,800 cars; and Columbia – 3,000 cars. | In order to deal more effectively with unforeseen events (such as the road closing), the company has established two transshipment points between the plants and the regional distribution centers. The two transshipment points are located at Santa Fe, New Mexico, and Jefferson City,…
119-What relationship does market share have with earnings? Higher market share, higher earnings Higher market share, lower earnings Both A and B Neither A or B
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470 q 16 a speculative stock possessees a _________ probability of _________ return and is currently _______- a. high, negative, underpriced b. high, negative, overpriced c. high, positive, overpriced d. low, negative, overpriced e. low, positive, underpriced
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Ex 4.12 Formulate the linear programming model of the following problems. Titan Credit Card Marketing works for HSBC to verify and approve credit card application. TCCM receives P380 for every completed customer application. The company maintained three call agents targeting at P20,000 worth of approvals daily, altogether. In a regular working day, James can process as much as P3000 worth of applications. Mark can process twice as much as Tim. How many credit cards should each call agent process to achieve the target for the day. Formulate the LP model

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