USE THE FOLLOWING OUTPUTS BELOW TO ANSWER THE FOLLOWING QUESTIONS ANSWER REPORT
ID: 3201564 • Letter: U
Question
USE THE FOLLOWING OUTPUTS BELOW TO ANSWER THE FOLLOWING QUESTIONS ANSWER REPORT M B R D Number of Units 100 350 150 0 MAX PROFIT 90 84 74 60 49500 CONSTRAINTS CONSTRAINTS 1 10 8 3 15 4250 <= 5000 CONSTRAINTS 2 8 2 2 0 1800 <= 1800 CONSTRAINTS 3 1 1 1 1 600 = 600 CONSTRAINTS 4 0 0 1 0 150 >= 150 LHS SIGN RHS SENSITIVITY REPORT QUESTION 1 What is the Optimal Solution? Give the values for all variables. QUESTION 2 Write the Objective Function Value. QUESTION 4 In the original problem if the right hand side of constraint #3 were increased to 601 , how much would it change the objective function value? QUESTION 5 In the original problem if the coefficient of R in the objective function was increased to 95 would it change the optimal solution? Give values for all variables. QUESTION 6 What is the objective function for the Optimal Solution? QUESTION 7 What Constraints have Slack or Surplus? USE THE FOLLOWING OUTPUTS BELOW TO ANSWER THE FOLLOWING QUESTIONS ANSWER REPORT M B R D Number of Units 100 350 150 0 MAX PROFIT 90 84 74 60 49500 CONSTRAINTS CONSTRAINTS 1 10 8 3 15 4250 <= 5000 CONSTRAINTS 2 8 2 2 0 1800 <= 1800 CONSTRAINTS 3 1 1 1 1 600 = 600 CONSTRAINTS 4 0 0 1 0 150 >= 150 LHS SIGN RHS SENSITIVITY REPORTExplanation / Answer
Note: Simplex linear optimization is used in MS Excel solver add-in
Ans1: The optimal solution that maximizes the profit maintaining all the constraints:
Ans2:Objective Function Value=
Ans4: In the original problem if the right hand side of constraint #3 were increased to 601 , how much would it change the objective function value?
The new value=
Ans 5: In the original problem if the coefficient of R in the objective function was increased to 95 would it change the optimal solution? Give values for all variables.
new solution is:
Ans6: new value of objective function=
Ans7: In original solution (Ans1) only Constraint#1 has slack/surplus.
slack of (5000-4250=) 750.
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