Ch 3 Homework

# Ch 3 Homework - United Aluminum Company of Cincinnati...

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Unformatted text preview: United Aluminum Company of Cincinnati Problem Paramenters Mill 1 Mill 2 High 6 2 Medium 2 2 Low 4 10 Profit (\$) \$6,000.00 \$7,000.00 Decision Variables Mill 1 Mill 2 Production Days 4 Objective Function Minimum Cost \$24,000.00 Constraints LHS Sign RHS High 24 >= 12 Medium 8 >= 8 Low 16 >= 5 Non-Negativity >= Microsoft Excel 12.0 Sensitivity Report Worksheet: [Ch 3 Homework.xlsx]Ch 3 Prob 16 Report Created: 5/21/2011 7:20:18 PM Adjustable Cells Final Reduced Objective Allowable Allowable Cell Name Value Cost Coefficient Increase Decrease \$B\$14 Production Days Mill 1 4 6000 1000 6000 \$C\$14 Production Days Mill 2 7000 1.00E+030 999.99999997 Constraints Final Shadow Constraint Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease \$B\$22 High LHS 24 12 12 1.00000E+030 \$B\$23 Medium LHS 8 3000 8 1.00E+030 4 \$B\$24 Low LHS 16 5 11 1.00000E+030 \$B\$25 Non-Negativity LHS 1000 3 1.8333333333 United Aluminum Company of Cincinnati Problem Paramenters Mill 1 Mill 2 High 6 2 Medium 2 2 Low 4 10 Profit (\$) \$6,000.00 \$1,000.00 Decision Variables Mill 1 Mill 2 Production Days 6 Objective Function Minimum Cost \$6,000.00 Constraints LHS Sign RHS High 12 >= 12 Medium 12 >= 8 Low 60.0000000001 >= 5 Non-Negativity >= A) Shadow price for the medium grade is \$3000 - this means that if you increase the right hand constraint by one you wil make an additional profit of \$3000.00 (which is a change to the objective function.)Shadow price for the medium grade is \$3000 - this means that if you increase the right hand constraint by one you wil make an additional profit of \$3000....
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## This note was uploaded on 02/19/2012 for the course DECISION S 550 taught by Professor Regan during the Summer '11 term at St. Leo.

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Ch 3 Homework - United Aluminum Company of Cincinnati...

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