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Lungis Shirts Sales capacity constraints relaxed

6673.333 19996
0.9 0.6 18003.6
L day 0.2 0.083333 3001 <= 3001
40s 0.06 0.1 2400 <= 2400
60s 0.04 0 266.9333 <= 480
(how much incremental contri for one extra loom day)
Lungis Shirts Sales capacity constraints relaxed
12000 16800
0.9 0.6 20880
L day 0.2 0.083333333 3800 <= 4000 (4000 not completely used)
40s 0.06 0.1 2400 <= 2400 800 extra hours max to be bought
60s 0.04 0 480 <= 480
Max 0.9*L+0.6*S
l/5+s/12 <= 3000
0.06*l+0.1*s <= 2400
0.04*l <= 480
l,s >= 0
(4000 not completely used)
800 extra hours max to be bought
Microsoft Excel 15.0 Sensitivity Report
Worksheet: [Class 3.xlsx]bidding(dual)
Report Created: 02-12-2013 11:08:54
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$13 Prices Loom 3.6 0 3000 800 1000
$C$13 Prices 40s 3 0 2400 1200 960
$D$13 Prices 60s 0 213.3333333 480 1E+30 213.3333333
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$E$16 Lungis <= 0.9 6666.666667 0.9 0.54 0.54
$E$17 Shirts <= 0.6 20000 0.6 0.9 0.225
Lungis Shirts Sales capacity constraints relaxed
12000 16800
0.9 0.6 20880
L day 0.2 0.083333 3800 <= 4000 (4000 not completely used)
40s 0.06 0.1 2400 <= 2400 800 extra hours max to be bought
60s 0.04 0 480 <= 480
Loom 40s 60s
Prices 3.6 3 0
Coeffs 3000 2400 480 18000
Lungis 0.20 0.06 0.04 0.9 >= 0.9
Shirts 0.083333 0.1 0 0.6 >= 0.6
Max 0.9*L+0.6*S
L days l/5+s/12 <= 3000 Pl Pl, P40 and P60 are dual variables- give per unit price of the resources at hand
40s 0.06*l+0.1*s <= 2400 P40 another name for dual variables is SHADOW PRICES
60s 0.04*l <= 480 P60
l,s >= 0
^
In order to sell away all the resources, panchatantra should accept a bid of:
3000*Pl+2400*P40+480*P60 >=18000
indivs contris should also satisfy
L/5*Pl+0.06*P40+0.04*P60 >= 0.9
S/12*Pl+0.1*P40 >= 0.6
(4000 not completely used)
800 extra hours max to be bought
Pl, P40 and P60 are dual variables- give per unit price of the resources at hand
another name for dual variables is SHADOW PRICES
Microsoft Excel 15.0 Sensitivity Report
Worksheet: [Class 3.xlsx]bidding(dual)
Report Created: 02-12-2013 11:09:53
Variable Cells
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$13 Prices Loom 3.6 0 3000 800 1000
$C$13 Prices 40s 3 0 2400 1200 960
$D$13 Prices 60s 0 213.3333333 480 1E+30 213.3333333
Constraints
Final Shadow Constraint Allowable Allowable
Cell Name Value Price R.H. Side Increase Decrease
$E$16 Lungis <= 0.9 6666.666667 0.9 0.54 0.54
$E$17 Shirts <= 0.6 20000 0.6 0.9 0.225
l/5+s/12= 3000
same as l/5+s/12>= 3000 and l/5+s/12<=3000
(-l/5)-s/12>=3000
standardised
l,s <=0 (-l),(-s)>=0
If PRIMAL is a MIN problem, the DUAL is a MAX problem, and vice versa
The column in PRIMAL appears as the row in the DUAL
PRIMAL (max)= standard form ie, if PRIMAL is in standard form, the DUAL also is in standard form
DUAL(min)= standard form
The shadow price in dual is the solustion to primal (units of lungis and shirts)
The DUAL of the DUAL gives you the PRIMAL
If new variables are added in the primal, only then, new rows will be added in the dual set
ie, if PRIMAL is in standard form, the DUAL also is in standard form

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