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
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?
Step by Step Solution
3.37 Rating (172 Votes )
There are 3 Steps involved in it
ICC Ship Loading Commodity Total Max Total 1 2 3 4 weight weight volume Forward 3000 0 0 0 3000 3000 120000 Center 1800 780 1200 300 4080 6000 180000 ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
167-B-M-L-M-D-A (116).xlsx
300 KBs Excel File
