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Variable Cells Model Variable W M Constraints Constraint Number 1 2 3 Name Westem Foods Salsa Mexico City Salsa Name Whole tomatoes Tomato sauce Tomato paste Final Value 560.000 240,000 Final Value 4480,000 1920,000 1600,000 Reduced Objective Cost Coefficient 0.000 0,000 1.000 1.250 Shadow Constraint Price R.H. Side 0.125 0,000 0.188 4480,000 2080.000 1600,000 Allowable Increase 0.250 0.150 Allowable Increase 1120.000 1E+30 40,000 Allowable Decrease c. What are the shadow prices for each constraint? Interpret each. d. Identify each of the right-hand-side ranges 0.107 0.250 Allowable Decrease 160.000 160,000 320,000 Analyze the sensitivity report shown above- a. What is the optimal solution and what are the optimal production quantities? b. Specify the objective coefficient ranges.

Variable Cells Model Variable W M Constraints Constraint Number 1 2 3 Name Westem Foods Salsa Mexico City Salsa Name Whole tomatoes Tomato sauce Tomato paste Final Value 560.000 240,000 Final Value 4480,000 1920,000 1600,000 Reduced Objective Cost Coefficient 0.000 0,000 1.000 1.250 Shadow Constraint Price R.H. Side 0.125 0,000 0.188 4480,000 2080.000 1600,000 Allowable Increase 0.250 0.150 Allowable Increase 1120.000 1E+30 40,000 Allowable Decrease c. What are the shadow prices for each constraint? Interpret each. d. Identify each of the right-hand-side ranges 0.107 0.250 Allowable Decrease 160.000 160,000 320,000 Analyze the sensitivity report shown above- a. What is the optimal solution and what are the optimal production quantities? b. Specify the objective coefficient ranges.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Variable Cells Model Variable W M Constraints Constraint Number 1 2 3 Name Westem Foods Salsa Mexico City Salsa Name Whole tomatoes Tomato sauce Tomato paste Final Value 560.000 240.000 Reduced Objective Cost Coefficient 0.000 1.000 0.000 1.250 Shadow Price Final Value 4480,000 1920,000 1600,000 0.188 0.125 0,000 Constraint R.H. Side 4480.000 2080.000 1600,000 Allowable Increase 0.250 0.150 Allowable Increase 1120.000 1E+30 40,000 Allowable Decrease 0.107 0.250 Allowable Decrease 160.000 160,000 320.000 Analyze the sensitivity report shown above- a. What is the optimal solution and what are the optimal production quantities? b. Specify the objective coefficient ranges. c. What are the shadow prices for each constraint? Interpret each. d. Identify each of the right-hand-side ranges
Transcribed Image Text:Variable Cells Model Variable W M Constraints Constraint Number 1 2 3 Name Westem Foods Salsa Mexico City Salsa Name Whole tomatoes Tomato sauce Tomato paste Final Value 560.000 240.000 Reduced Objective Cost Coefficient 0.000 1.000 0.000 1.250 Shadow Price Final Value 4480,000 1920,000 1600,000 0.188 0.125 0,000 Constraint R.H. Side 4480.000 2080.000 1600,000 Allowable Increase 0.250 0.150 Allowable Increase 1120.000 1E+30 40,000 Allowable Decrease 0.107 0.250 Allowable Decrease 160.000 160,000 320.000 Analyze the sensitivity report shown above- a. What is the optimal solution and what are the optimal production quantities? b. Specify the objective coefficient ranges. c. What are the shadow prices for each constraint? Interpret each. d. Identify each of the right-hand-side ranges
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