Chapter 3 Homework

# Chapter 3 Homework - Microsoft Excel 15.0 Sensitivity...

• Homework Help
• 22

This preview shows pages 1–7. Sign up to view the full content.

Microsoft Excel 15.0 Sensitivity Report Worksheet: [Chapter 3 Homework.xlsx]5 Report Created: 2/5/2016 1:36:28 PM Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease \$E\$2 Max R 500 0 5 7 1 \$F\$2 Max C 150 0 8 2 4.6666666667 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease \$G\$5 Objective 725 0 900 1.00E+030 175 \$G\$6 Objective 300 3 300 100 166.66666667 \$G\$7 Objective 100 28 100 35 25

This preview has intentionally blurred sections. Sign up to view the full version.

R is regular gloves R C Maxmize C is catchers mitts Max 500 150 S.T. 5 8 Objective 3700 S.T. 1 1.5 725 <= 900 0.5 0.3333333333 300 <= 300 0.125 0.25 100 <= 100 Microsoft Excel 15.0 Sensitivity Report Worksheet: [Chapter 3 Homework.xlsx]5 Report Created: 2/5/2016 1:36:28 PM Variable Cells FinalReduced Objective Allowable llowable Cell Name Value Cost Coefficient IncreaseDecrease \$E\$2 Max R 500 0 5 7 1 \$F\$2 Max C 150 0 8 2 4.667 Constraints FinalShadow Constraint Allowable llowable Cell Name Value Price R.H. Side IncreaseDecrease \$G\$5 Objective 725 0 900 1.00E+030 175 \$G\$6 Objective 300 3 300 100 167 \$G\$7 Objective 100 28 100 35 25
5R+8C A. R+(3/2)C <= 900 B. (1/2)R+(1/3)C <= 300 (1/8)R+(1/4)C <= 100 C. R,C >= 0 D. The optimal solution is 500 regular gloves and 150 caters mitts with a profit of \$3,700 The second and third constrants are the binding constrants For the first constrait it's allowed to increase indifienly and there is no change no matter how much it increases. For the second constraint it's allowed to increase by 100 units with a shadow price increase of 3 per unit of increase. For the third constraint there is an allowed increase of 35 and with each increased unit the objective increases by 28. If overtime were to be scheduled I'd increase the 3rd constraint since it gives the highest shadow profit per increase.

This preview has intentionally blurred sections. Sign up to view the full version.

Microsoft Excel 15.0 Sensitivity Report Worksheet: [Chapter 3 Homework.xlsx]7 Report Created: 2/5/2016 1:59:59 PM Variable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease \$J\$6 S.T. Portfolio risk index 800 0 3 7 0.5 \$K\$6 S.T. Max 1200 0 5 1 3.5 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease \$L\$10 >= Objective 700 1.3333333333 700 75 300 \$L\$11 Objective 800 0 1000 1.00E+030 200 \$L\$9 US Oil Maximum Objective 80000 0.0933333333 80000 60000 15000
U is shares of US oil Annual return \$3 Sells for \$25 Portfolio risk index H is shares of Huber Steel \$5 \$50 Max Max 3U+5H S.T. 800 1200 25U+50H <= 80,000 Funds Avaliable Max 3 5 .50U+.25H <= 700 Risk Maximum S.T. U <= 1000 US Oil Maximum 25 50 U,H >= 0 Non negative constraint 0.5 0.25 Microsoft Excel 15.0 Sensitivity Report Worksheet: [Chapter 3 Homework.xlsx]7 Report Created: 2/5/2016 1:59:59 PM Variable Cells Final Reduced Objective AllowableAllowable Cell Name Value Cost Coefficient Increase Decrease \$J\$6 S.T. Portfo 800 0 3 7 0.5 \$K\$6 S.T. Max 1200 0 5 1 3.5 Constraints Final Shadow ConstraintAllowableAllowable Cell Name Value Price R.H. Side Increase Decrease \$L\$10 >= Objecti 700 1.333333 700 75 300 \$L\$11 Objective 800 0 1000 1.0E+030 200 \$L\$9 US Oil Ma 80000 0.093333 80000 60000 15000

This preview has intentionally blurred sections. Sign up to view the full version.

0.5 Max 1000 shares US oil 0.25 80,000 to be invested 700 A Objective 8400 B.
This is the end of the preview. Sign up to access the rest of the document.
• Spring '16
• Dr. Chao

{[ snackBarMessage ]}

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern