Question: Question 9 5 pts Answer the following question using the output below. If the profit per unit on Coffee (C) increases to $2.30 and simultaneously

Question 9 5 pts Answer the following question

Question 9 5 pts Answer the following question using the output below. If the profit per unit on Coffee (C) increases to $2.30 and simultaneously the profit per unit on Tea (T) increases to $2.10, determine the new objective function value for this output. Variable Cells Final Reduced Objective Allowable Allowable Variable Name Value Cost Coefficient Increase Decrease Coffee 355 0 2 0.480 0.144 T Tea 440 0 1.75 1.150 1.250 Constraints Final Shadow Constraint Allowable Allowable Number Name Value Price R.H. Side Increase Decrease 1 Beans 4480 0.125 4480 1120 160 2 Caffeine 1920 0 2080 1E+30 160 3 Testing 1600 0.188 1600 40 320 $1480 $1608 Must recalculate. Change violated the 100% rule $1740.50 Must recalculate. Change exceeded the range of optimality

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!