Question: Solve this LP by Excel Solver. Attach your Excel worksheet as an Excel file ( not just a screenshot ) including the sensitivity report of
Solve this LP by Excel Solver. Attach your Excel worksheet as an Excel file not just a screenshot including the sensitivity report of the LP
Using the sensitivity report, answer the following questions. Note: You are not allowed to resolve the LP for these questions; please explain how you use the report in your answer.
What is the marginal value of a pound of pine bark? Over what range of pine bark quantity is this marginal value appropriate?
Suppose the manager is able to rent more machines and obtain more machine time, ie over minutes currently available. Do you think that obtaining additional machine time will be valuable? Why?
If profits on chips increased to $ per bag, would the optimal quantities change? Would the value of the total profit at the optimal solution change? If so how large is the new profit?
What should the minimum price of mininuggets be so th
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