Variable Cells Model Variable W M Constraints Constraint Number 1 2 3 Name Westem Foods Salsa Mexico City Salsa Name Whole tomatoes Tomato sauce Tomato paste Final Value 560.000 240,000 Final Value 4480,000 1920,000 1600,000 Reduced Objective Cost Coefficient 0.000 0,000 1.000 1.250 Shadow Constraint Price R.H. Side 0.125 0,000 0.188 4480,000 2080.000 1600,000 Allowable Increase 0.250 0.150 Allowable Increase 1120.000 1E+30 40,000 Allowable Decrease c. What are the shadow prices for each constraint? Interpret each. d. Identify each of the right-hand-side ranges 0.107 0.250 Allowable Decrease 160.000 160,000 320,000 Analyze the sensitivity report shown above- a. What is the optimal solution and what are the optimal production quantities? b. Specify the objective coefficient ranges.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Variable Cells
Model
Variable
W
M
Constraints
Constraint
Number
1
2
3
Name
Westem Foods Salsa
Mexico City Salsa
Name
Whole tomatoes
Tomato sauce
Tomato paste
Final
Value
560.000
240.000
Reduced Objective
Cost
Coefficient
0.000
1.000
0.000
1.250
Shadow
Price
Final
Value
4480,000
1920,000
1600,000 0.188
0.125
0,000
Constraint
R.H. Side
4480.000
2080.000
1600,000
Allowable
Increase
0.250
0.150
Allowable
Increase
1120.000
1E+30
40,000
Allowable
Decrease
0.107
0.250
Allowable
Decrease
160.000
160,000
320.000
Analyze the sensitivity report shown above-
a. What is the optimal solution and what are the optimal production quantities?
b. Specify the objective coefficient ranges.
c. What are the shadow prices for each constraint? Interpret each.
d. Identify each of the right-hand-side ranges
Transcribed Image Text:Variable Cells Model Variable W M Constraints Constraint Number 1 2 3 Name Westem Foods Salsa Mexico City Salsa Name Whole tomatoes Tomato sauce Tomato paste Final Value 560.000 240.000 Reduced Objective Cost Coefficient 0.000 1.000 0.000 1.250 Shadow Price Final Value 4480,000 1920,000 1600,000 0.188 0.125 0,000 Constraint R.H. Side 4480.000 2080.000 1600,000 Allowable Increase 0.250 0.150 Allowable Increase 1120.000 1E+30 40,000 Allowable Decrease 0.107 0.250 Allowable Decrease 160.000 160,000 320.000 Analyze the sensitivity report shown above- a. What is the optimal solution and what are the optimal production quantities? b. Specify the objective coefficient ranges. c. What are the shadow prices for each constraint? Interpret each. d. Identify each of the right-hand-side ranges
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