Question: We are making four products ( P 1 - P 4 ) . Objective function coefficients are profit per unit for each product. Constraints are

We are making four products (P1-P4). Objective function coefficients are profit per unit for each product. Constraints are the amount of labor available, raw materials (1,2 and 3) and plant capacity. Use the following excel LP to answer this question.
Variable Cells
Final
Reduced
Objective
Allowable
Allowable
Cell
Name
Value
Cost
Coefficient
Increase
Decrease
1
P1
-
(3.1)
20.0
3.1
1E+30
2
P2
91.7
-
21.0
4.0
6.7
3
P3
225.0
-
20.0
3.9
1.3
4
P4
66.7
-
35.0
4.0
9.875
Constraints
Final
Shadow
Constraint
Allowable
Allowable
Constraint
Name
Value
Price
R.H. Side
Increase
Decrease
1
Labor
383.3
-
500.0
1E+30
116.7
2
Raw1
425.0
5.3
425.0
375.0
111.4
3
Raw2
408.3
-
490.0
1E+30
81.7
4
Raw3
800.0
2.7
800.0
100.0
112.5
5
Capacity
700.0
6.3
700.0
140.6
98.2
One more unit of which constrint would be worth the most (use constraint number 1-5)
Looking at the raw material constraints (2-4). Which raw material constraint has slack? (Enter 2,3, or 4)
The objective function coeficient for product 2 can increase to a value of
without changing the solution quantities (1 decimal place)
An additional unit of Raw1(not constraint 1, look for RAW 1) is worth
1 decimal place

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!