Question: $ 3 profit for Croissants ( 2 ) Constraint Data: table [ [ Product , Measuring,Mixing,Baking,Packaging ] , [ Muffins , 3 , 5

$3 profit for Croissants (2)
Constraint Data:
\table[[Product,Measuring,Mixing,Baking,Packaging],[Muffins,3,5,4,1],[Croissants,2,2,3,2],[Minutes Available,72,60,120,40]]
LINDO SENSITIVITY ANALYSIS DATA
\table[[CONSTRAINTS,SLACK OR SURPLUS,DUAL PRICES],[Measuring,22.000000,0.000000],[Mixing,0.000000,0.125000],[Baking,47.50000,0.000000],[Packaging,0.000000,1.375000]]
OBJECTIVE FUNCTION COEFFICIENT RANGES
\table[[VARIABLE,\table[[CURRENT],[COEFF]],\table[[ALLOW],[INCREASE]],\table[[ALLOW],[DECREASE]]],[x1,2.00,5.50,.50],[x2,3.00,1.00,2.20]]
RIGHT-HAND SIDE RANGES
\table[[VARIABLE,\table[[CURRENT],[RHS]],\table[[ALLOW],[INCREASE]],\table[[ALLOW],[DECREASE]]],[Measuring,72,INFINITY,22.00],[Mixing,60,44.00,20.00],[Baking,120,INFINITY,47.50],[Packaging,40,20.00,28.00]]
Important Notes:
PLEASE ROUND TO TWO (2) decimal points.
If math is required, you must show all work or you will have points deducted. You cannot just write answers.
You must write neatly and NOT in red ink.
You are not permitted to cross out answers; use white-out or start over.
If I cannot read your work, you will receive zero points.
DO NOT SUBMIT THIS PAGE
S24 BUAD306 Murphy
Last Name:
q, First Name: q, Worksheet 7-Linear Programming Sensitivity Analysis
Due Fri, 4/12 at 10:20am EST
Instructions: Print this page, reproduce by hand or complete via computer. Regardless, you must note answers on the line provided ONLY. For math Qs: show relevant math and write answer on line.
When completed: Take a photo of this page only, save file and upload via the corresponding Assignment link in Canvas by the due date. Remember: No .HEIC files are permitted.
\table[[,\table[[What is the optimal combination for],[production and corresponding profit?],[(3 pts)]],\table[[Math:],[Ans]]],[,\table[[The optimal solution is created by which],[constraints? How do you know? (2 pts)]],\table[[Answer:],[Which constraints:],[How do you know:]]],[,\table[[If the profit for an X1 were to increase to],[$5, how much additional profit would the],[company make (if any)?(2pts)]],\table[[Math:],[Answer:]]],[4.,\table[[If the profit for an X2 were to decrease to],[$2, how much profit would the company],[lose?(2 pts)]],\table[[Math:],[Answer:]]],[5.,\table[[If the company could obtain an additional 30],[minutes of mixing at a cost of $.15min,],[what is their NEW TOTAL PROFIT? Explain in],[1 statement. (2pts
 $3 profit for Croissants (2) Constraint Data: \table[[Product,Measuring,Mixing,Baking,Packaging],[Muffins,3,5,4,1],[Croissants,2,2,3,2],[Minutes Available,72,60,120,40]] LINDO SENSITIVITY

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 General Management Questions!