Question
1.Objective: What is the optimal value you determined for your objective? 2.Shadow prices: You've underestimated the need for Product 10 and need to increase your
1.Objective: What is the optimal value you determined for your objective?
2.Shadow prices: You've underestimated the need for Product 10 and need to increase your order by 3000 units. Using your current model and the resulting sensitivity report, how much will your costs increase as a result of this change?
3.Bid negotiation (reduced cost from supplier): A sales representative for supplier 1 has contacted you about your choice not to accept their Bid #6 for Product 5. The sales representative wants to know at what unit cost would he be able to earn your business.
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