Use Solver to create a Sensitivity Report for question 35 at the end of Chapter 3 and
Question:
Use Solver to create a Sensitivity Report for question 35 at the end of Chapter 3 and answer the following questions.
a. Is the solution degenerate?
b. Is the solution unique?
c. How much can the profit per ton on commodity 1 decrease before the optimal solution would change?
d. Create a Spider Table and Plot showing the change in the total profit obtained by changing the profit per ton on each commodity from 95% to 105% in 1% increments. If the shipping company wanted to increase the price of transporting one of the commodities, which one would have the greatest influence on total profits?
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Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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