Question: Refer to the computer solution of the Kelson Sporting Equipment problem in Figure. THE MANAGEMENT SCIENTIST SOLUTION FOR THE KELSON SPORTING EQUIPMENT PROBLEM a. Determine

Refer to the computer solution of the Kelson Sporting Equipment problem in Figure.

THE MANAGEMENT SCIENTIST SOLUTION FOR THE KELSON SPORTING EQUIPMENT PROBLEM

a. Determine the objective coefficient ranges.
b. Interpret the ranges in part (a).
c. Interpret the right-hand-side ranges.
d. How much will the value of the optimal solution improve if 20 extra hours of packaging and shipping time are madeavailable?

Objective Function Value 3700.00146 Variable Value Reduced Costs 500.00153 149.99924 0.00000 0.00000 Constraint Slack/Surplus Dual Prices 174.99962 0.00000 0.00000 0.00000 2.99999 28.00006 OBJECTIVE COEFFICIENT RANGES Variable Lower Limit Current Value Upper Limit 4.00000 3.33330 5.00000 8.00000 12.00012 10.00000 RIGHT HAND SIDE RANGES Constraint Lower Limit Current Value Upper Limit 725.00037 133.33199 75.00000 900.00000 No Upper Linit 300.00000 100.00000 400.00000 134.99982

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