Question: Use Solver to create a Sensitivity Report for question 18 at the end of chapter 3 and answer the following questions: a. Is the solution
Use Solver to create a Sensitivity Report for question 18 at the end of chapter 3 and answer the following questions:
a. Is the solution degenerate?
b. Would the solution change if the price of raisins was $2.80 per pound?
c. Would the solution change if the price of peanuts was $3.25 per pound?
d. If you could relax one of the nutritional constraints which one would you choose? Why?
e. Create a Spider Plot summarizing the impact on total cost of varying the cost per pound of each ingredient between 90% and 110% of its base case value in 2% increments. What does this chart reveal and what are the managerial implications?
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Analyzing the Trail Mix Problem with Solver Instructions Assuming you have an Excel workbook with the model for question 18 at the end of Chapter 3including the objective function and constraints Go t... View full answer
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