AB6 Variable Cells789101112 Constraints1314CellName$B$4 Acres allotted Soybean$C$4 Acres allotted Corn1516CCellName$D$2 Workers Amt used$D$3 Fertilizer Amt used17 $D$4 Acres allotted Amt used25003100166.671166.67DFinalValue166.66666671166.666667FinalValue150050001333.333333EReducedCost00ShadowPrice633.3333333616.66666670F25003100GObjective Allowable AllowableCoefficient IncreaseDecrease150050001500H370019009501850Constraint Allowable AllowableR.H. SideIncreaseDecrease50010001E+30 166.66666672503500Kinkaid grows soybeans and corn on his land about 12 miles outside of Hartington innortheast Nebraska. He needs to figure out how many acres of the land to allot toeach crop to maximize his profit. After solving the problem using Excel, the followingsensitivity report is generated. What is the profit margin of Corn?

Sensitivity analysis (or post-optimality analysis) is used to determine how the optimal solution is…

Answered: A B 6 Variable Cells 7 8 ܂ ܗ ܣ 9 10…

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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