Write the objective What is the objective function value at optimal point? Identify the sensitivity ranges for the objective function coefficients (?1, ?2) What are the constraint quantity values?
Write the objective What is the objective function value at optimal point? Identify the sensitivity ranges for the objective function coefficients (?1, ?2) What are the constraint quantity values?
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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- Write the objective
- What is the objective function value at optimal point?
- Identify the sensitivity ranges for the objective function coefficients (?1, ?2)
- What are the constraint quantity values?
Transcribed Image Text:ANSWER REPORT
Objective Cell (Max)
Final Value
Cell
$B$4
Name
Original Value
21
Variable Cells
Cell
Name
Original Value
Final Value
Integer
$B$2
$B$3
х1
5
Contin
x2
Contin
Constraints
Cell
Name
Cell Value
Formula
Status
Slack
$D$8
R1 usage
SD$8<=$E$8
22
Binding
$D$9
$D$9<=$E$9
$D$10<=$E$10
SD$11<=$E$11
Not Binding
Binding
Not Binding
R2 usage
7
3
$D$10
$D$11
R3 usage
14
R4 usage
-4
SENSITIVITY REPORT
Variable Cells
Final
Reduced
Objective
Allowable
Allowable
Cell
$B$2
SB$3
Name
Value
Cost
Coefficient
Increase
Decrease
х1
1E+30
2
х2
3
2
4
3.5
Constraints
Final
Shadow
Constraint
Allowable
Allowable
Cell
$D$8
$D$9
Name
Value
Price
R.H. Side
Increase
Decrease
R1 usage
22
0.7
22
4.285714286
10
R2 usage
7
10
1E+30
$D$10
R3 usage
14
0.4
14
10
5
SD$11
R4 usage
-4
1
1E+30
5
Note: 1E+30 = 00
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