Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Below tables show the answer Report and the Sensitivity Report of the optimization problem. Based on these two tables, answer the following questions. a) Write
Below tables show the answer Report and the Sensitivity Report of the optimization problem. Based on these two tables, answer the following questions. a) Write the objective function. b) What is the z value (objective function's value) b) Identify the sensitivity ranges for the objective function. c) Write the constraint quantity values. d) Identify the sensitivity ranges for the constraint quantity values. e) What is the unknown shadow price? (Shown as yellow) f) Why are there 4 shadow prices? Objective Cell (Max) Cell Name Original Value Final Value SC$15 Profit 150.3 150.3 Variable Cells Cell Name Original Value Final Value Integer $C$11 x1 26 2.6 Contin SC$12 x2 3.4 3.4 Contin SC$13 x3 0.0 0.0 Contin SC$14 x4 15.4 15.4 Contin Constraints Cell Name SH$6 Used SH$7 Used SH$8 Used SH$9 Used Cell Value Formula Status Slack 74 SH$6
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started