Question
Please Help me understand what I am doing wrong within solver. I am unable to produce a shadow price within my sensitivity report and my
Please Help me understand what I am doing wrong within solver. I am unable to produce a shadow price within my sensitivity report and my allowable increases are negative numbers. Please teach me why I am incorrect, and what is correct. Thanks,
Suppose that the estimates for the unit profits for the two new products now have been revised to $600 profit for the doors and $300 profit for the windows. Use Excel's Solver (Data tab > Solver) to solve this revised linear programming model. What is the new profit? Part b: When you get the Solver Results dialog page, run a sensitivity report (see below) and interpret the allowable increase and decrease for both the variable cells (doors and windows produced) and the constraints (Plants 1,2, and 3).
My answers:
Set Objective: $G$12 Maximize 0
Variables $C$12:$D$12 Assume non-negative
Constraints $E$10=$G$10
Standard LP/Simplex
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