Question: Excel's Solver tool has been used to generate the sensitivity analysis report: Variable Cells Model Variables Name Final Value Reduced Cost Objective Coefficient Allowable Increase
Excel's Solver tool has been used to generate the sensitivity analysis report:
Variable Cells
Model Variables Name Final Value Reduced Cost Objective Coefficient Allowable Increase Allowable Decrease
X Deluxe
X Professional
Constraints Name Final Value Shadow Price Constraint
RH Side Allowable Increase Allowable Decrease
Aluminum
Steel
Based on the above solution, answer the following questions:
Determine the objective coefficient ranges.
Suppose the profit on deluxe frames is increased to $ Is the above solution still optimal? What is the value of the objective function when this unit profit is increased to $
If the unit profit on deluxe frames were $ instead of $ would the optimal solution change?
Given that aluminum is a sunk cost, what is the maximum amount the company should pay for extra pounds of aluminum?
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