Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Below is the output for a linear program model in excel Answer Report: Objective Cell ( Max ) table [ [ Cell , Name,Original

Below is the output for a linear program model in excel
Answer Report:
Objective Cell (Max)
\table[[Cell,Name,Original Value,Final Value],[SE$10 Total Profit:,,0,4100]]
Variable Cells
\table[[Cell,Name,Original Value,Final Value,Integ],[$8$10 # produced Tables,0,30 Contin],[$c$10,# produced Chairs,0,,0 Contin]]
Constraints
\table[[Cell,Name,Cell value,Formula,Status,Slack],[$D$13,Carpentry LHS Total,240,SD $13$F$13,Binding,],[$0$14,Painting and varnish LHS TOtal,100,$D$14x=$F$14,Binding,0],[$B$10,# produced Tables,30,SBS10=0,Not Binding,30],[$C$10,# produced Chairs,40,$cs100,Not Binding,40]]
Sensitivity Report:
Variable Cells
\table[[Cell,Name,\table[[Final],[Value]],\table[[Reduced],[Cost]],\table[[Objective],[Coefficient]],\table[[Allowable],[increase]],\table[[Allowable],[Decrease]]],[SeS10,"produced Tables,30,0,70,30,3.333933339],[scs10,* produced Chairs,40,0,90,2.3,15]]
Constraints
\table[[Cell,Name,\table[[Final],[Value]],\table[[Shadow],[Price]],\table[[Constraint],[R.H. Side]],\table[[Alowable],[Increase]],\table[[Allowahle],[Decrease]]],[sos13,Carpentry LHS Total,240,is,240,60,40],[50514,Painting and varnish WiS Total,100,5,100,20,20]]
Why are the carpentry and the painting and varnish constraints binding?
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Social Media Management

Authors: Ben Shields

1st Edition

019029633X, 978-0190296339

More Books

Students also viewed these General Management questions

Question

Explain the steps involved in training programmes.

Answered: 1 week ago

Question

What are the need and importance of training ?

Answered: 1 week ago

Question

Explain global human resource management.

Answered: 1 week ago

Question

Describe the grievance procedure in a union environment.

Answered: 1 week ago

Question

Discuss whistleblower protection under OSHA.

Answered: 1 week ago