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what does the value minus .5 for the reduced cost of C mean (other than it is the change in the value of

what does the value minus .5 for the reduced cost of C mean (other than it is the change in the value of

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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                                                            Final    Reduced  Objective       Allowable    Allowable

Cell         Name                                    Value    Cost     Coefficient      Increase     Decrease

$B$5 consider Cake (C)                           0        -0.5             4.5                0.5           1E+30

$C$5 consider Dozen Cookies (D)           10         0               10               1E+30           1

 

what does the value minus .5 for the reduced cost of C mean (other than it is the change in the
value of the coefficient in the objective function so that the solution includes a positive amount
of C)?

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