Question: The following linear programming problem ( Same problem as above ) has been solved by The Management Scientist and Excel. Use the output from either
The following linear programming problem Same problem as above has been solved by The Management Scientist and Excel. Use the output from either one Management Scientist or Excel to answer the question, How much can the amount of resource increase before the dual price will change and the problem would need to be rerun?
LINEAR PROGRAMMING PROBLEM
MAX XXX
ST
XXX
XXX
OPTIMAL SOLUTION FROM MANAGEMENT SCIENTIST OUTPUT
Objective Function Value
Variable
Value
Reduced Cost
X
X
X
Constraint
SlackSurplus
Dual Price
OBJECTIVE COEFFICIENT RANGES
Variable
Lower Limit
Current Value
Upper Limit
X
X
No Lower Limit
X
RIGHT HAND SIDE RANGES
Constraint
Lower Limit
Current Value
Upper Limit
OPTIMAL SOLUTION FROM EXCEL OUTPUT
ProfitXXXAmountXXXLimitProfitCost Contribution
Sensitivity Report
Variable CellsFinalReducedObjectiveAllowableAllowableCellNameValueCostCoefficientIncreaseDecrease$B$Amount X$C$Amount XE$D$Amount XConstraintsFinalShadowConstraintAllowableAllowableCellNameValuePriceRH SideIncreaseDecrease$F$$F$
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