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

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!