Question: 1.) Use the Excel Solver output for a LP problem whose objective was to maximize profits, to determine by how much the right-hand side of
1.) Use the Excel Solver output for a LP problem whose objective was to maximize profits, to determine by how much the right-hand side of the labor constraint can increase before it becomes necessary to recalculate the linear program.
Objective Function Value = 26.40
Variable Cells
FinalReducedObjectiveAllowableAllowable
NameValueCostCoefficientIncreaseDecrease
Variable12.40541
Variable22.4061.52.67
Constraints
FinalShadowConstraintAllowableAllowable
NameValuePriceR.H. SideIncreaseDecrease
Labor120.61233
Wood6.40147.61E+30
Space121.61261.8
Limit3.20106.81E+30
a.)9
b.)6
c.)12
d.)2.5
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
