FinalReviewS13

# Allowable allowable cell name value price rh side

• Notes
• Oceanborn
• 19
• 100% (4) 4 out of 4 people found this document helpful

This preview shows page 16 - 19 out of 19 pages.

Allowable Allowable Cell Name Value Price R.H. Side Increase Decrease \$B\$24 Skilled labor  4500 5.569620253 4500 3605.263158 1800 \$B\$25 Unskilled labor  9000 6.329113924 9000 3805.555556 5850 \$B\$26 Assembly line  1566.455696 0 2000 1E+30 433.5443038 34. Answer the following question using the Excel output above, determine the new objective function value if the profit on the second variable, Robotic, increases by \$1000? A. \$22,785.00 B. \$19,125.64 C. \$33,800.00 D. \$102,805.32 E. \$104,810.32 35. Answer the following question using the Excel output above. Keeping within the confines of the problem, you are required to hire a full time (40 hours) person who is qualified to work in any department. Select the constraint where you will gain the most profit and determine the additional profit to be gained? 16

Subscribe to view the full document.

36. Answer the following question using the Excel output above. Keeping within the confines of the problem, how many more hours of skilled workers could you add to the department? 37. Using the Excel output above, how much is each additional unit of unskilled labor worth? 17
38. An ice cream plant make’s Chocolate and Strawberry ice cream. There is \$40 profit for a case of Chocolate and \$32 for a case of Strawberry and has the following constraints: 32C + 8S < 4,800 Flavoring 28C + 32S < 14,000 Coloring a. What is the optimal solution? b. Now add a constraint: demand for Strawberry is always less than 200 cases and determine the optimal solution. c. Add another constraint: demand for Chocolate is always less than 400 cases and determine the optimal solution.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 18

Subscribe to view the full document.

39. Using the decision table below a. Determine the expected value for the best decision b. Determine the most you would pay for a highly reliable forecast. 0.2 0.7 0.1 S1 S2 S3 D1 500 300 -400 D2 600 200 200 D3 -100 -300 900 40. In a survey about soft drinks it was found that 5% of the respondents like diet soft drinks.

{[ snackBarMessage ]}

###### "Before using Course Hero my grade was at 78%. By the end of the semester my grade was at 90%. I could not have done it without all the class material I found."
— Christopher R., University of Rhode Island '15, Course Hero Intern

### 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